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Latest Discussions»General Discussion»tariff math: no, a 30% ta...»Reply #22
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General Discussion

In reply to the discussion: tariff math: no, a 30% tariff does not mean end consumer prices go up 30% [View all]

mitch96

(15,772 posts)
22. "many industries are quick to increase prices and slow to decrease them" Like when the cost of crude oil goes up
Reply to unblock (Reply #4)
Mon May 12, 2025, 04:41 PM
May 2025

The next day it goes up.. When crude goes down it take a few weeks for it to go down...uff
m

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tariff math: no, a 30% tariff does not mean end consumer prices go up 30% [View all] unblock May 2025 OP
The price of Greek yogurt and Mexican mineral water went up 30% almost immediately in the store Walleye May 2025 #1
there are always multiple factors in any specific market, so it's often a mess to tease out what's going on unblock May 2025 #4
I think your last paragraph describes the situation quite accurately Walleye May 2025 #6
"many industries are quick to increase prices and slow to decrease them" Like when the cost of crude oil goes up mitch96 May 2025 #22
Most Greek yogurt is not from Greece. Ms. Toad May 2025 #12
Maybe price gouging but it doesn't seem too different from normal business practices. Walleye May 2025 #13
Technically correct Aviation Pro May 2025 #2
only some of the costs go up in proportion to the costs of the imported goods. unblock May 2025 #7
I'm thinking 145% plus 30% SheltieLover May 2025 #3
A tariff on everything will have a significant effect on costs for consumers, regardless Ocelot II May 2025 #5
absolutely true. unblock May 2025 #10
Good post Prairie Gates May 2025 #8
Google says: The average gross profit margin for a small retail business typically falls between 30% and 53%, Doodley May 2025 #9
👇 Beachnutt May 2025 #11
Way more than 30%. But yeah, these huge, broad-based tariffs are incredibly destructive to our economy. unblock May 2025 #19
It can also depend on the product and what it is made of. For instance an aluminum bat might have several different Quixote1818 May 2025 #14
Yeah. It quickly gets very complicated. unblock May 2025 #20
Thanks! This is a clear description of the factors involved with any price increases frogstar0 May 2025 #15
Risk Johnny2X2X May 2025 #16
Indeed, there is a cost just from the uncertainty. unblock May 2025 #21
Greed Always Wins Aepps22 May 2025 #17
You still have on COO China JustAnotherGen May 2025 #18
100% correct. WarGamer May 2025 #23
Latest Discussions»General Discussion»tariff math: no, a 30% ta...»Reply #22
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