The purpose of the looking at the future...is to disturb the present!

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Trump’s tariffs mean you’ll pay more for all gadgets

Yes, prices will likely go up though not right away.

If you were wondering how President Trump’s tariffs may impact gadgets like smartphones, laptops, and smartwatches, there’s some bad, and perhaps slightly less-bad news. Unless something changes, Trump’s sweeping tariffs will lead to increased prices for consumers. But it will likely take some time before that actually happens.

Modern gadgets generally aren’t made or assembled solely in the U.S. anymore. Device makers big and small source components from all over the world, and often have them assembled overseas before importing the final product into the country. Given that Trump has levied tariffs on every single country, it means that the cost to make all our devices will inevitably go up.

“The biggest thing right now is going to be the inflationary impact,” says Jason Miller, professor of supply chain management at Michigan State University. “If they stay in place for several months, we’ll start to see those effects by mid-summer and certainly back-to-school season.”

Miller notes goods shipped from China to the U.S. will face a whopping 54 percent tariffs, including most gadgets. Vietnam, where Apple has shifted some of its manufacturing, also has a high …

Read the full story at The Verge.


Link :
https://www.theverge.com/tech/643041/trump-tariff-consumer-electronics-gadgets-smartphones-laptops-wearables
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