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A comment on Trump announces EU trade deal with 15% tariffs. Parent comment

Re:Trump announces EU trade deal with 15% tariffs by mensetmanusman on Sunday July 27, 2025 @06:00PM (#44705114)
If the government taxes goods by an additional 1%, is that 1% inflation?
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Re:Trump announces EU trade deal with 15% tariffs by tnt128 on Sunday July 27, 2025 @07:22PM (#44705614)
No. Tax is on the cost. If the good sells for $100 and cost $10. Then 10% additional tax increase the cost to $11. If the vendor decides to keep the same profit, then the price goes up by $1, which is 1%
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Re:Trump announces EU trade deal with 15% tariffs by breadwinner on Sunday July 27, 2025 @06:15PM (#44705219)
If the price goes up then yes.
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