tariffs
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Blog
Lenovo laments tariffs and sluggish PC sales as profits nosedive 64%
Lenovo profits dipped 64% for the fourth quarter, according to its latest earnings report, with at least some of the losses pinned on tariffs levelled by the US. While many of the high tariffs initially rolled out by the US against China have since been reduced on some technology products, they still remain at 20%. At the time, IDC said…
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Thanks, Trump tariffs, now I gotta replace my phone battery
After five years, I was still happy with my phone, even though its battery had started the inevitable process of slowing to a stop. But Donald Trump’s tariff nonsense pushed me to make a decision: buy a new phone or fix the old one now, before the prices go up. The answer was clearer than ever — I replaced the…
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Here’s How the Tariffs Are Impacting the Price of Gaming
Contrary to the White House’s assertions, we consumers are indeed footing the bill for all these tariffs. Companies from across industries have been stopping sales or raising prices over the past month or so, and the chaos continues on. It doesn’t help that the actual tariff situation is so volatile. President Donald Trump kept escalating the tariffs against China in…
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Apple says tariffs will cost it at least $900 million this quarter
For the June quarter, we do expect the majority of iPhones sold in the US will have India as their country of origin, and Vietnam to be the country of origin for almost all iPad, Mac, Apple Watch, and AirPods products also sold in the US. China would continue to be the country or original for the vast majority of…
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How tariffs will likely hit you in your smart home – Computerworld
The Wall Street Journal explains that smaller electrical device makers in the tech sector are all deeply uncertain as to how they will be impacted, but many might attempt to convert customers to subscription-based services. Software is cheaper and easier to import than hardware, after all – plus, you know, personal data appears to have become the new gold in…
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Don’t wait for back to school — 9 laptop deals I’d get ahead of impending tariffs
The Trump administration’s tariffs could wreak havoc on your back to school shopping. Although the first round of reciprocal tariffs has been paused, the White House has confirmed that China will face specialized tariffs designed specifically for tech devices like laptops and smartphones. These tariffs could be announced in the next two months, which is roughly when back to school…
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Nvidia braces for a $5.5 billion hit as tariffs reach the semiconductor industry
Nvidia said it will incur a $5.5bn cost due to the US government’s tightened export rules imposed on China. The chip manufacturer is one of the key providers behind the boom in artificial intelligence technologies, but it will now require a license to export its H20 AI processors to China. An escalating trade war between the US and China has…
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iPhone Prices Won’t Be Affected By Tariffs But Don’t Celebrate Just Yet
In our last report, U.S. President Donald Trump offered relief to other nations from their reciprocal tariffs while imposing 125% tariffs on Chinese products. However, this tariff was later taken back on certain electronic products, including smartphones. In the latest turn of events, we’ve learned that this isn’t a permanent solution as these products will be subject to a special…
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Trump excludes smartphones, computers, chips from higher tariffs
The Trump administration has excluded “smartphones, computers, and other electronics,” even those imported from China, from tariffs it levied last week, reports Bloomberg. The exemptions don’t free them from all tariffs, though, as the outlet says others from before Trump’s April 9th tariffs still apply. Late last night, US Customs and Border Protection (CBP) updated its guidance to exempt smartphones,…
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Apple flew 600 tons of iPhones from India to the US to avoid Trump tariffs – Computerworld
Apple chartered six planes to fly 600 tons of iPhones into the US from India to avoid President Donald J. Trump’s tariffs, Reuters reports. That’s an estimated equivalent of up to 1.5 million smartphones. The company relies on iPhone manufacturers located in both China and India; China has now been hit with tariffs totaling 145% and India tariffs of 26%,…
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