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Laptop Prices Will Jump 19% Due to Tariffs

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  • skooly
    started a topic Laptop Prices Will Jump 19% Due to Tariffs

    Laptop Prices Will Jump 19% Due to Tariffs

    A new report commissioned by The Consumer Technology Association, a consumer trade organization, states that the Trump administrationís proposed tariffs on imported goods from China would raise the U.S. price of laptops and tablets by 19%. Cnet first reported on the study.

    According to the report, United States-based customers can expect about a $120 increase on a laptop priced at the national average - currently, $622. As a result, the report suggests, consumers will be forced to reduce their overall purchases of laptops and tablets by 35%.

    This is compounded by the fact that China currently accounts for over 90% of the imports of laptops and tablets into the United States. Corporations such as Microsoft and Apple face steep costs in shifting production to other countries, according to the report. It questions whether it is possible to completely move manufacturing elsewhere, given Chinaís output is 35 times greater than its closest competitor.

    President Donald Trump has proposed tariffs of up to 25% on consumer goods imported from China in an ongoing trade war that will also affect cell phones, video game consoles and toy drones. According to the report, which was released on Monday, the consumer electronics market may face climbing prices. The U.S. price of cell phones would rise 14%, while prices for video game consoles would also increase 19%. Additionally, the price of drones would jump 15%. If the tariffs go into effect, the surge in pricing looks to leave both consumers and manufacturers with a serious case of sticker shock.

    The Consumer Technology Association represents the U.S. consumer electronics industry with more than 2,200 members.
    https://www.tomshardware.com/news/ct...ces,39677.html

  • Plezercruz
    replied
    Samsung still chiefly produces in Korea too.

    Pete (wonders if they win because they're often too expensive)

    Leave a comment:


  • Plezercruz
    replied
    Looks like Microsoft is going to be the big winner. They produce the Surface in Taiwan.

    Pete (wonders how soon before Trump is threatening tariffs there too)
    Last edited by Plezercruz; 06-19-2019, 05:37 PM.

    Leave a comment:


  • skooly
    replied
    Originally posted by Beemer View Post
    Why would anyone use a laptop anymore. Who cares if there's a price increase it wont affect anybody because that tech is old and failing. Failing bigtime!!!!
    Click image for larger version

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  • Beemer
    replied
    Why would anyone use a laptop anymore. Who cares if there's a price increase it wont affect anybody because that tech is old and failing. Failing bigtime!!!!

    Leave a comment:


  • Jesse
    replied
    Originally posted by Mr. Raceboy View Post
    People still buy laptops?
    Um... Yes. How does everybody else get work done? I have a laptop that I often hook up to a docking station for additional displays.

    Jesse (couldn't imagine trying to use a tablet for work)

    Leave a comment:


  • Mr. Raceboy
    replied
    People still buy laptops?

    Leave a comment:

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