Six Months Into Tariffs, Businesses Have No Idea How to Price Anything

How much should a copper bathtub cost? Clifford Thompson is trying to figure that out.

Until now, the hand-hammered tubs his family-owned business imports from India have carried a suggested retail price of about $3,300. President Trump’s 50% tariff on copper imports and steep levies on goods from India are forcing Thompson Traders to rethink that price, but settling on a new one isn’t easy.