Trump's proposed tariffs would likely lead to significant price increases on popular tech gadgets, resulting in potential savings for consumers by purchasing before the tariffs take effect.
According to the Consumer Technology Association, potential tariffs would severely impact the consumer technology sector, leading to a dramatic rise in prices for everyday tech items.
Historically, economic measures like tariffs have led to price hikes for American consumers. In the past, Trump's tariffs cost the average household about $830 annually.
Experts warn that Trump's blanket tariff, set between 10% and 60%, could be detrimental, particularly affecting items like smartphones and laptops that are widely utilized in American homes.
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