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Businesses not only have cost of goods sold, they have salaries, rents, taxes, and various other kinds of overhead. Very few businesses have enough profit margi
by allears 2y ago
Businesses not only have cost of goods sold, they have salaries, rents, taxes, and various other kinds of overhead. Very few businesses have enough profit margin to eat 25% tariffs.
- marssaxman 2y agoRight! The suggestion just doesn't make sense. Of course consumers will pay the tariffs in the form of increased prices.