That’s assuming importers and middle men don’t add on additional fees and I doubt they’re going to be nice enough and only pass on the tariff percentage.
That’s not really up to them being nice though. If you sell something of value X for a margin of 10%, and the price increases to 1.5X, then the margins must apply to 1.5X.
It’s compounding for each element of the chain, so a 10% tariff would very much increase the price way beyond 10%, without anyone needing to be greedy about it.
That’s assuming importers and middle men don’t add on additional fees and I doubt they’re going to be nice enough and only pass on the tariff percentage.
I remember the COVID-era supply line disruptions and the greed they brought. It never went away.
Greedflation! And economists finally agreed a couple years ago that the data proves it’s a real thing that happened/is happening.
That’s not really up to them being nice though. If you sell something of value X for a margin of 10%, and the price increases to 1.5X, then the margins must apply to 1.5X.
It’s compounding for each element of the chain, so a 10% tariff would very much increase the price way beyond 10%, without anyone needing to be greedy about it.
Then, if you take greed into account… good luck