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For many goods a 145% tariff is a ban for all intents and purposes and no different to a 100% tariff or a 200% tariff. This is just more evidence (as if we needed it) that the administration has no idea what they're doing.

Certain goods are extremely high mark up. For example, clothing is typically 100-200% markup. So if you buy a $5 t-shirt and sell it for $15, the tariffed price is now ~$12. You may find retailers will sell that at $20, absorbing some of the cost on a temporary basis.

Also, many such retailers have already sought to diversify their supply chains (eg buying clothing from Vietnam and other places).



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