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.

    • @MumboJumbo
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      731 month ago

      Man, even the Trump “I did this” stickers will be too expensive

        • @MumboJumbo
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          91 month ago

          Ah man, and I like red hats. Not MAGA, but just a nice fitted red hat. Another reason to not like the cult of 45.

    • @[email protected]
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      1 month ago

      Nah man its at most gonna go up 12%!

      - My Trump supporting uncle after he survived a 12 foot head first fall and changed to extreme opposite personality

      • @[email protected]
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        331 month ago

        At least brain damage is an understandable reason for voting Trump. What’s everyone else’s excuse?

          • sp3ctr4l
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            141 month ago

            Also lead in home paint.

            It’s (at least part of) where the ‘paint chip eater’ meme/joke of boomers comes from.

            • @Darorad
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              51 month ago

              Gen X was the most trump voting generation. Gen X is people born with to 1980. They’re between 44 and 59, the demographic that voted most heavily for Trump.

              • @[email protected]
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                11 month ago

                Gen X is way smaller than both the Boomers and Millennials as a population. Even if they skewed heaviest toward DooDoo Donny of the three, I’m not sure their impact would be that important.

                • @Darorad
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                  11 month ago

                  They had the highest turnout, CNN’s exit poll had them at 35% of voters while boomers, the next highest, were at 29%