Foreign producers reduced their prices by 5.2 percent relative to the control group following the 25 percent tariff, absorbing about 20 percent of the tariff rate. The remaining 80 percent was passed forward as higher costs to US importers. On a bottle of wine for which the producer charged $5 before the tariff was imposed and $4.74 after, the tariff payment would have been $1.19. Importers, who the researchers estimate apply an 80 percent markup to the price they pay to producers, would have charged $9 to distributors before the tariff was imposed. The researchers estimate that they raised their prices to distributors by 5.4 percent, but on a base of $9 (= 1.8 x $5). This increase would be $0.49, so importers would be absorbing additional costs since they would pay $5.93 (= 1.25 x $4.74) to the producer and in tariffs. All told, the importer’s dollar margins per bottle declined by $0.44.
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靳良给数据企业算了一笔账：存量负荷10.5万千瓦，年用电量7.4亿千瓦时，通过与风电场双边交易“虚拟直供”方式供电；增量负荷19.2万千瓦，年用电量15.5亿千瓦时，光伏发电时段采用“物理直供”方式供电，光伏不发电时段通过与风电场双边交易“虚拟直供”方式供电。
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