tariffs
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How Trump’s Tariffs Could Drive Up Tech Prices
Image: Gage Skidmore/Flickr/Creative Commons President Donald Trump has imposed tariffs that could reshape the North American tech landscape, adding $50 billion in new costs for imports from Canada and Mexico alone. The tariffs — 25% on all imports from Canada and Mexico, 10% on Chinese goods, and 25% on European Union tech components like semiconductors — are set to disrupt…
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Best Buy and Target CEOs say prices are about to go up because of tariffs
Target and Best Buy say Trump’s tariffs on Mexico, Canada, and China could raise prices in their stores as soon as this week. During an interview with CNBC, Target CEO Brian Cornell said consumers will “likely see prices increase over the next couple of days,” while Best Buy CEO Corie Barry similarly told investors that more expensive prices are “highly…
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What are the impact of tariffs on tech and will we see another semiconductor supply chain crisis?
The uncertainty around the impact of tariffs is stark right now, with those in the tech sector far from alone in wondering how they might be affected by sweeping taxes on imports. First on the campaign trail and now in office, the Trump administration has repeatedly sung the praises of tariffs and, at time of publication, is in the process…
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China tariffs may already be hiking up import fees
US consumers may already be seeing additional fees on shipments from China after President Donald Trump’s tariff on Chinese goods took effect on Tuesday. Clint Reid, the founder and CEO of a company that offers software to help with cross-border commerce, posted screenshots on X showing additional charges added to a shipment from DHL: Another X screenshot appears to show…
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China opens Google antitrust probe in retaliation to tariffs
Google’s search and internet services have been blocked in China since 2010, but the antitrust investigation may interfere with its other dealings with Chinese companies. Details about the probe are slim, but according to the Financial Times it relates to the dominance of Android and potential harms caused to Chinese phone manufacturers including Oppo and Xiaomi. The probe was announced…
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Trump imposes sweeping tariffs on Canada, Mexico, and China
The US is officially imposing tariffs on Canada, Mexico, and China. President Donald Trump announced that goods imported from Mexico and Canada will face a 25 percent tariff, while goods from China will face a 10 percent tariff. There will also be a lower 10 percent tariff on energy resources from Canada. In a series of posts on X announcing…
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US tariffs: how Trump’s tax is impacting big tech and beyond
President Donald Trump has announced that he’s imposing a tariff on goods from some of the US’s biggest trade partners: Canada, Mexico, and China. Under the executive orders signed on February 1st, Canada and Mexico will face a 25 percent tariff, while goods from China will be subject to a 10 percent tax. Energy resources from Canada will also have…
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Trump says he’ll put tariffs on imported chips ‘in the near future’
Without going into detail about what might happen to the $52 billion in subsidies from the CHIPS Act under his administration, Donald Trump said tariffs on foreign computer chips, semiconductors, and pharmaceuticals are coming “in the near future.” He also namechecked DeepSeek’s AI releases, saying, “…coming up with a faster method of AI and less expensive, that’s good. I view…
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Trump tariffs could raise laptop, tablet prices by 46%, cut sales by 68% – Computerworld
“The incoming administration must address how tariffs impact American businesses and consumers,” said CTA Vice President of Trade Ed Brzytwa. “Retaliation from our trading partners raises costs, disrupts supply chains, and hurts the competitiveness of US industries. US trade policy should protect consumers and help American businesses succeed globally.” Without tariffs in place, the CTA expects robust growth for the…
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