President Trump's tariffs on imports, impacting component sourcing for devices, are set to lead to higher consumer prices for gadgets. Modern electronics often rely on international production, with significant tariffs applied to imports from countries like China (54%) and Vietnam (46%). Experts predict an inflationary impact that may not be felt immediately but will become evident by late summer, particularly affecting categories differently. Companies face decisions between absorbing costs or passing them to consumers, influencing profits and investment.
Given that Trump has levied tariffs on every single country, it means the cost to make all our devices will inevitably go up.
The biggest thing right now is going to be the inflationary impact, and we'll start to see those effects by mid-summer.
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