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.

    • adarza@lemmy.ca
      link
      fedilink
      English
      arrow-up
      4
      ·
      23 days ago

      my last cheap unlocked phone came from there.

      a neighbor just bought one of their laptop specials this week. she hadn’t bought anything from bestbuy since her last one, though… in 2015.

      • Montagge@lemmy.zip
        link
        fedilink
        arrow-up
        2
        ·
        23 days ago

        That’s probably when I bought my laptop there lol I picked up my TV there last year as they carried an Insignia “dumb” TV.