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re: American Chamber of Commerce in South China "US companies leaving China"
Posted on 5/22/19 at 10:15 am to Tree 20
Posted on 5/22/19 at 10:15 am to Tree 20
quote:
I'll help him out. Gloves. You will pay ~20% - 25%
So 4 dollars on a once a year purchase?
I want to know the cost on a daily or monthly product
This post was edited on 5/22/19 at 10:16 am
Posted on 5/22/19 at 10:23 am to SDVTiger
quote:
So 4 dollars on a once a year purchase?
I want to know the cost on a daily or monthly product
This depends on the consumer...you may not purchase gloves but once a year but a contractor purchases on a monthly basis. That contractor will then pass on that to the consumer as well.
The glove example is one specific that was asked for. I can tell you that companies will raise retails for all products to absorb the larger increases. No one will be able to cite a very specific example unless you have insights to the retailer strategy. For example, you may pay 4-5% more on batteries to offset the 25% tariff on some major appliances.
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