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Trump aide says tariffs will raise $6 trillion as White House readies plan
(www.washingtonpost.com)
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this post was submitted on 30 Mar 2025
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Economy
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That is $6 trillion from new tax called "Import tariff". Retail Price = Purchase Price + Transport Costs + Tariff + Profit Margin + Sale Tax
That's quite inaccurate. Many of these taxes are not additive but multiplicative:
Retail price = ((Purchase price + international transport costs) * tariff + national transport cost) * profit margin * sale tax
In other words, it's even worse than you wrote.
I tryed to be as simple as possible assuming that calculations were made separatly in different functions (programmer here). Anyway, tariff is a tax collected by custom office, payed by importer, included in final price that customer pays for the product.
Fait enough. I wanted to emphasize had bad this is on the purchase price, is all