Framework announced the temporary suspension of US sales for specific laptop models in response to new global tariffs that raised the import duty to 10 percent. Originally priced under a 0 percent tariff assumption, the current situation would force the company to sell at a loss. This move reflects broader trends across various industries, with Jaguar Land Rover also halting US shipments and Japan's Nintendo delaying pre-orders for its Switch 2 console, showing widespread adaptation to changing trade policies.
Consumer electronics brand Framework announced it will temporarily suspend US sales of certain laptop models due to recent global tariffs, impacting pricing and availability.
Framework cited that pricing had been based on a 0 percent tariff from Taiwan, with the current 10 percent making sales unviable without incurring losses.
Framework's action reflects broader industry trends, as others, including Jaguar Land Rover and Nintendo, also adjust US sales strategies due to import tariffs.
The situation underscores the challenges faced by consumer electronics companies in navigating import tariffs and maintaining profitability while responding to global economic changes.
Collection
[
|
...
]