TIL Pornhub is a Canadian-owned…What if you blocked traffic from the USA (yes, I know about VPN)

    • Sludgeyy@lemmy.world
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      3 days ago

      25% tariffs means businesses need to raise prices ~33% to keep same profits

      If I was selling lemonade for $1

      Tariff would be 25 cents

      Sell $1, pay 25 cents for tariff, make 75 cents per lemonade

      If I raised my price to $1.33

      Tariff would be 33 cents

      Sell $1.33, pay 33 cents for tariff, make $1 per lemonade

      A 25% tariff means ~33% higher prices if the company’s can get people to pay it.

      So should be 33% instead of 10%