Trump's new 10% tariff on all imports from China has taken effect, impacting consumer goods, particularly laptops. While Apple has opted to maintain stable prices by absorbing the tariff costs, competitors like Acer have decided to pass the additional expense to consumers, leading to a 10% price increase. The Consumer Technology Association warns that these tariffs could impose an estimated $143 billion cost on US consumers, potentially slowing sales. Moreover, as inventories of products imported before the tariffs remain available, consumers are encouraged to make purchases promptly.
Trump's new 10% tariff on all imports from China is now in effect, leading to price increases for consumer goods, including electronics like laptops.
Apple is choosing to absorb the tariff costs instead of passing them onto consumers, while competitors like Acer will raise prices by 10%.
The Consumer Technology Association estimates that the new tariffs could result in a cost of approximately $143 billion to US consumers, indicating potential sales slowdowns.
With vendors still holding a significant inventory from before the tariff implementation, consumers are advised to act quickly to purchase tech products.
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