this post was submitted on 26 Nov 2024
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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.

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[–] IDKWhatUsernametoPutHereLolol@lemmy.dbzer0.com 20 points 22 hours ago* (last edited 22 hours ago)

We are now in the "Find Out" stage of FAFO

Edit: Also, maybe the silver-lining of the tariff is people keeping their phone longer and not buy a new one every year.

[–] Magister@lemmy.world 21 points 23 hours ago (2 children)

Imagine cars coming from Canada and Mexico, 25% more expensive, lol

Don't forget china.

Buick and Volvo build a lot of their cars in China now.

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[–] JusticeForPorygon@lemmy.world 15 points 22 hours ago (1 children)

Thank you bestbuy for making this statement after the election.

Not that it would've made any difference. I'm disgusted with my country.

[–] rumba@lemmy.zip 11 points 21 hours ago (1 children)

Trump said himself that prices were going to go way up. There's not anybody else out there that would have made a difference. When these idiots can't afford to go to McDonald's anymore, and they find they can't get on disability they're going to change their tune far too late.

[–] andrewta@lemmy.world 12 points 21 hours ago (1 children)

No they will just blame everyone else. They will never learn.

[–] JusticeForPorygon@lemmy.world 2 points 17 hours ago

Yeah Trump could litterally be holding a knife to their neck and they'd continue making excuses for him. If they were gonna learn, they would have by now.

The only policy these people have is taking down their perceived enemies.

[–] SeaJ@lemm.ee 11 points 22 hours ago

Could??? Stop pussyfooting around and tell us that it will indeed cause you to raise prices.

[–] wagesj45@fedia.io 12 points 22 hours ago

"Could"

Goddamn it I'm sick and tired of these articles pussyfooting around the issue.

[–] Embargo@lemm.ee 12 points 22 hours ago

Hahahaha fucking no shit. The tariffs will force everything up. The U.S. economy is going to get thoroughly fisted.

[–] Worx@lemmynsfw.com 7 points 21 hours ago

Finally trickle down economics starts working /s

[–] Wytch@lemmy.cafe 2 points 19 hours ago (1 children)

Overheard today "Who really cares if prices go up, anyway?" unironically.

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