Will tariffs be assessed on FOB COGS or retail price?
Great question, @larkventures 
Tariffs are typically assessed on the Free on Board (FOB) cost of goods sold (COGS), not the retail price. The FOB COGS includes the cost of the product itself, along with any additional costs incurred to prepare the item for shipment, such as packaging and freight charges. This means that the tariff is calculated based on the value of the goods at the point of export before they are shipped to the importing country.
If you have any more questions or need further clarification, feel free to ask!
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