Trump’s Tariffs Could Increase iPhone and Macbook Prices. But Experts Say Not to Panic Buy
The next fee cell phone or Laptop It may be higher than your plan.
President of Donald Trump ordered a 10 % import tax rate to China’s import, which was imported on Tuesday morning. China retaliates immediately by signing tariffs on some American products.
Tariffs may mean that you soon pay more for products (including electronic products) imported from China (including electronic products). For example, Apple has manufactured a lot iPhone,,,,, ipad,,,,, MacBooks and AirPods In China.
Some products imported from China have been tariffs ordered by Trump during their term of office. The additional tariffs this weekend may increase the price. Trump also announced the tariffs imported from Canada and Mexico on the weekend, but at least one month was suspended in negotiations with the two countries.
Theoretically, tariffs are aimed at levying taxes on goods in other countries, thus affecting other countries financially. Tariffs are paid by US companies imported products. This UPCharge is usually (but not always) to transfer it to consumers at a higher price.
“I expected some of the prices from China or China to rise.” Doug CareyHe is the president of Wealthtrace, a franchise analyst and financial plan software company.
So should you now buy electronic products and other imported products to avoid tariff costs? We ask experts.
The prices of technologies such as iPhone and MacBook may be peak
Experts predict that tariffs on products from China and potential Canada and Mexico will be transformed into higher prices. This means that the technologies you use every day, such as the imported smartphones, tablets, laptops, television even Kitchen applianceThis year may become more expensive.
What will it look like? If all costs are passed to shoppers, we may increase by 10 %. For example, 13 -inch MacBook Air At present, the starting price at Amazon is $ 849; 10 % rate hikes will increase the basic price to $ 934. this iphone 16 ProThe starting price at T-Mobile is $ 1,000 and may jump to $ 1,100.
10 % of the tariffs made in Chinese products do not necessarily mean that prices will rise. In some cases, if so, they may not increase.
If the company wants to maintain competitiveness, they may absorb some costs to keep the price decrease. Steven C. Conners (Steven C. Conners)Certified real estate planners and CEO of Conneas Wealth Management.
Read more: Higher tariffs may make solar energy more expensive
Should you buy technology now to avoid levying tariffs in the future?
If you plan to buy new iPhone, game consoles, MacBook or other technologies, then buying it can save your money.
Kaili said: “Therefore, people should consider the items that are now purchased in the future are smart phones, laptops, TVs, furniture, kitchen utensils, clothing and shoes.”
However, if you have no cash and plan to use a credit card or buy it immediately, please pay the plan later to avoid tariffs. Experts say waiting. The average interest rate of credit cards currently exceeds 20 %, Give up a large amount of purchase costs Due to tariffs, any savings you will get can be eliminated before the price rises.
“I don’t recommend buying any panic, especially if these items are not necessities.”
Even if the price rises, a way to save is to buy last year’s model, not the latest version.
“For example, if you don’t intend to upgrade smartphones next year, you don’t need to rush to buy new smartphones.” Shawn Dubravac (Shawn Dubravac)Chief Economist of the Manufacturing Trade Association IPC. “Technology is naturally deflected, which means that over time, the price of similar quality will usually be reduced.”
