Renewable Energy
An Encounter on Tariffs
I asked him, naively, how tariffs are affecting him. He said, “Well, until recently, taxes on our goods were 3.5%; now they’re 45%. I pass most of this this on to my (retailer) customer, and he passes it on to you. If you’re wondering why the price of a stick of deodorant has just gone through the roof, you’ve just figured it out.”
In retrospect, I shouldn’t have brought it up in the first place.