When I posted, I was under the impression tariffs were ~35%. Retail tends to be around 50% markup over BOM, so that should mean only a 10-20% price increase to keep the same profit per unit, depending on how much of it is sourced from China.
With 100% tariffs, that’s more like a 50% markup, not 3x.
They wouldn’t triple, they could increase by like 10-20% though.
The tariff on goods from China is more than 100% now. Why do you think the price would only go up by 10-20%?
When I posted, I was under the impression tariffs were ~35%. Retail tends to be around 50% markup over BOM, so that should mean only a 10-20% price increase to keep the same profit per unit, depending on how much of it is sourced from China.
With 100% tariffs, that’s more like a 50% markup, not 3x.