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Tariffs Will Make Electronics More Expensive. If You Need a New Gadget, ‘Buy It Now’
A 104 percent tariff on imports from China will likely see rising prices on smartphones and laptops in the coming months.
Last week, President Trump announced sweeping tariffs on foreign goods imported into the US, setting the stage for a global trade war and stoking fears of a recession. Popular home office furniture brand, Branch, says it has been preparing for trade policy changes for some time, finding efficiencies in its supply chain to absorb the impact of tariffs with minimal increases to pricing. The company behind smart bird feeders from brands like Harymor and Sehmua, says it's exploring strategies to absorb costs internally, with no price adjustments—"We are facing rising expenses that directly affect our profit margins.
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