“My employees are so valuable to me. They have this institutional knowledge and rely on their income from this job to support their families”: EarthQuaker Devices CEO reveals the Ohio-based business is at risk of going bankrupt amidst tariff uncertainty
www.guitarworld.com
The boutique pedal company has forecasted that, should the trade war persist, the cost per pedal would increase from 2 cents in April to $12.80 in December
  • phant@lemmy.worldEnglish
    3·
    16 days ago

    To expand. Let’s say a pedals raw BOM* cost is $30.
    Plus old tarrifs = $30.02.
    Plus new tarrifs = $42.80.

    (*Bill of materials)

    • mannycalavera@feddit.ukEnglish
      2·
      16 days ago

      Oh right 👍. Yeah that makes a lot more sense.

      For a second I thought they were making obscene profits from 2 cent child labour pedals. No no, this makes way more sense 😁.