Summary

Best Buy warned that Trump’s proposed tariffs on imports from China, Mexico, and Canada could raise prices on consumer electronics, as 60% of Best Buy’s inventory comes from China.

Trump plans to impose a baseline 10% tariff on all imports and a 60% tariff on Chinese goods to boost domestic manufacturing.

Retailers like Best Buy and industry groups like the Consumer Technology Association are preparing for supply chain disruptions by importing goods early or sourcing alternatives to avoid higher consumer prices.

    • JusticeForPorygon@lemmy.world
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      27 days ago

      Yeah Trump could litterally be holding a knife to their neck and they’d continue making excuses for him. If they were gonna learn, they would have by now.

      The only policy these people have is taking down their perceived enemies.