> Prime example is Mercedes. The RRP for post-tariff Mercedes vehicles was identical to the pre-tariff RRP.

If your prime example is a luxury car with a ton of margin built in, you need a better example. Tariffed commodities absolutely had the costs passed on, and far more of those are sold than high margin luxury products where manufacturers had the option to compress margins vs passing on the cost.

Also, there are lots of products that go through multiple middle men, the tariffs were included and marked up at every stage. Very few things go from manufacturer to retailer with no middlemen.

I’d guess about 1/4 to 1/3rd of tariff costs were absorbed and the rest passed along to the eventual end consumer.

I suspect you work nowhere near the money at work, the closer you get to the money, the more you realize exactly what is built into a price.

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WillPostForFood 2 days ago | parent [-]

"I’d guess about 1/4 to 1/3rd of tariff costs were absorbed and the rest passed along to the eventual end consumer."

Where do you see that in the inflation numbers - I expected a noticeable impact, but it just isn't there in the data.

https://www.bls.gov/charts/consumer-price-index/consumer-pri...

	▲	quickthrowman 2 days ago \| parent [-]
		Substitution with lower cost items happens when prices go up and that is factored into CPI data. I’m not sure how the basket of goods has changed over the past year, but substitution of goods does happen when prices go up. Corporate profits grew throughout the tariffs, if they were absorbing the majority of the tariff cost instead of passing it on, it would’ve affected publicly traded company earnings, but it hasn’t. FRED chart of S&P500 earnings shows a large increase in growth in 2025: https://fred.stlouisfed.org/graph/?g=QwW