Tariffs just got real: our first $36K bill with 125% + 20% + 25% markup hits hard 💸. These are upfront costs - due before selling a single unit - causing serious cash flow strain, price increases, read more! 📦 http://adafruit.com/tariffbill

#tariffs

@adafruit does anyone understand how this figure is calculated? I am admittedly bad at math, but I don't understand at all how we get to $36,126.46 on this invoice.

125% + 20% + 25% = 165%

The sum of all non IMPORT EXPORT DUTIES on that invoice is $1007.84, 165% of $1007.84 is $1662.93, so $1007.84 + $1662.93 = $2670.77, right?

$36,126.46 is over 3,584% of $1007.84, right? How do you get there from 125% + 20% + 25%?

@bajabanjo @adafruit the things you're summing are other fees, not the price which is what the tariffs are charged on.

@doephin @adafruit ohhhhhhh, this whole invoice is just a summary of the extra fees, doesn't include at all the original price of goods. Gotcha. I read the MERCHANDISE PROCESS line item as the cost of the actual merchandise.

thanks