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.

  • @[email protected]
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    fedilink
    333 days ago

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

      • sp3ctr4l
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        143 days 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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          53 days 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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            13 days 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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              13 days ago

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