25% tariffs means businesses need to raise prices ~33% to keep same profits

If I was selling lemonade for $1

Tariff would be 25 cents

Sell $1, pay 25 cents for tariff, make 75 cents per lemonade

If I raised my price to $1.33

Tariff would be 33 cents

Sell $1.33, pay 33 cents for tariff, make $1 per lemonade

A 25% tariff means ~33% higher prices if the company’s can get people to pay it.

So should be 33% instead of 10%