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.

  • @Darorad
    link
    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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      fedilink
      English
      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%