President Trump's tariff policies are creating economic stress in the U.S., particularly impacting American businesses and low-income families. Although some electronics are exempt from tariffs, the overall rise in manufacturing costs means that prices for everyday tech devices will still increase. According to experts, lower-priced products, which already have thinner profit margins compared to premium alternatives, will experience heightened price sensitivity. This may force companies to either raise prices significantly or risk losing sales volume, threatening the viability of cheaper product lines.
As the trade war escalates, added costs along supply chains will lead to higher prices for consumers, especially hitting those reliant on lower-priced technology products.
While tariff exceptions exist for smartphones, the cost increases in manufacturing will still impact consumer prices, predominantly affecting those at lower income levels.
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