Correct me if I’m wrong in my understanding of tariffs but if you put in an order at the 145% rate, that’s what you are paying once the good arrives or if they had purchased goods that were already tariffed? Isn’t the damage for the year done for those that did? The way they are wish washy on their positions I can’t see businesses making…
Correct me if I’m wrong in my understanding of tariffs but if you put in an order at the 145% rate, that’s what you are paying once the good arrives or if they had purchased goods that were already tariffed? Isn’t the damage for the year done for those that did? The way they are wish washy on their positions I can’t see businesses making any serious decisions on factories given the taxes change what seems like every week.
After watching and reading countless podcasts and newsletters about tariffs, I believe the answer is "not necessarily". Some exporters may absorb some of the cost; some importers may absorb part of the cost; so the consumer may end up paying something less than 145% but hard to determine what that might have been. Particularly since Amazon caved to the administration and backed off their intention of identifying how much of the price of an item was the tariff cost.
Of course, I did not imply 'absorption' was cost free, just that the cost may be shared. So ultimately one cannot say for certain what percentage of the total tariff is being paid by the end user, or consumer.
Correct me if I’m wrong in my understanding of tariffs but if you put in an order at the 145% rate, that’s what you are paying once the good arrives or if they had purchased goods that were already tariffed? Isn’t the damage for the year done for those that did? The way they are wish washy on their positions I can’t see businesses making any serious decisions on factories given the taxes change what seems like every week.
After watching and reading countless podcasts and newsletters about tariffs, I believe the answer is "not necessarily". Some exporters may absorb some of the cost; some importers may absorb part of the cost; so the consumer may end up paying something less than 145% but hard to determine what that might have been. Particularly since Amazon caved to the administration and backed off their intention of identifying how much of the price of an item was the tariff cost.
Someone is paying though whether it’s obfuscated or not is hard to tell if the price isn’t reflective of reality. Absorption doesn’t mean cost free.
Of course, I did not imply 'absorption' was cost free, just that the cost may be shared. So ultimately one cannot say for certain what percentage of the total tariff is being paid by the end user, or consumer.