A cool guide I made to understand how tariffs work (v2)

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A cool guide I made to understand how tariffs work (v2)

A cool guide I made to understand how tariffs work (v2)

OK, I got some key takeaways from people from this. I made a previous post that I deleted because I didn't want to add more confusion. So here's the updated one, thanks to all who pointed out errors.

Below are fixes:

  1. Math was really confusing for some people (thats on me), so I showcased the breakdown of price and the formula used to get to it.
  2. A lot of people stated that it wasn't clear that consumers would be the ones to have that price fault, so I added that too.

Overall just (tried(my best)) to make it better for people to understand. If there are still gaps or problems with it please let me know, I am open to making a v3.

Note: this is purely math driven, I understand numbers can fluctuate and change due to marketing and what companies want for consimers but do not want to add that into the price due to the confusion it would be in math.

Another note: If there is still trouble understanding it, please just let me know. I double checked my math. I might just make a v3 in Canva tomorrow to make it not look so bland.

submitted by /u/2204bee
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