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Anything that is made of inexpensive electronics will increase in price. Then anything that uses electronics will go up in price. It is tough to say how much,
by thecolorblue 8y ago
Anything that is made of inexpensive electronics will increase in price. Then anything that uses electronics will go up in price.
It is tough to say how much, as demand will shift to equivelant products as the cost increases, but it's safe to say the any computer hardware will have some increase in price. Since computers are used in every industry it could cause any other low margin product to increase in price as there is no room for the company to eat the cost of the tariff.
The interesting part is that we don't know how the economy will respond to tech becoming more expensive as that is not the trend. Technology usually gets less expensive.
I'm only focusing on the tech side of things. There could be different affects in other industies.