• If the tariff is too great the cost becomes unspreadable. Spreading cost requires other regions to still afford the new price, and with numbers like this that’s unlikely.

    About one-third of Switches were sold in the US. Spreading a 145% tariff means hiking everyone’s prices by 40-50%. That will murder sales in other regions.

    Better to eat a 30% temporary loss that adds pressure on Trump to reverse-course than to eat an even higher loss and face backlash worldwide for making others pay for Trumps idiocy.