Re:China backtracked on almost all aspects of U.S. trade dea...
by toasterlovin on Wednesday May 08, 2019 @01:02PM
(#19860825)
Mostly my point was about basic arithmetic: 25% sounds like a big deal, but consumers are not paying anywhere near an additional 25% on goods they buy because so much of the retail price of a good is made up of things other than production cost. That is something anybody who has run a business that sells goods can tell you, I was just using my personal experience to illustrate the point.
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