So I manufacture cycling products from Taiwan + China, importing to US... he's paying 152% tariffs, on the cost price of the product. Previously would have been like 7% base, with maybe a 20% trade war tarriff added on.

So for back of napkin: $10 widget, selling for eg $40.

NORMALLY Product: $10, Shipping, storage etc: $10, Duties: $0.70, Marketing $10, Sale price: $40, Profit: $10

TRADE WAR Product: $10, Shipping, storage etc: $10, Duties: $15, Marketing $10, Sale price: $40, Profit: -$5

So to make even 15% profit, the price needs to increase from $40 to ~$52

So companies are either winding up and ditching their inventory in China (lose less), or if they can prices are going up 20+%. Inflation here we come

At that price they be losing a significant amount on this.

UPS has already laid off 20,000 people. There is about to be a tsunami of businesses winding up unfortunately (us included).