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Donald Trump’s Proposed Tariffs Could Raise Consumer Electronics Prices By Up To 40%, Especially For Products Imported From China

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Donald Trump's Proposed Tariffs Could Raise Consumer Electronics Prices By Up To 40%, Especially For Products Imported From China 1

A new report by CTA has disclosed that Donald Trump's proposed tariffs can raise the prices of consumer hardware products by as much as 40%. Trump's Tariff Plans Aim at Reducing US Dependency On Other Countries, But The Policy Won't Be Sustainable In The Longer Run With the US elections drawing closer and the markets factoring in a potential Trump victory, discussions surrounding his proposed economic plan have risen. Apart from the ones that influence other market sectors, a policy that might potentially disrupt consumer markets is the implementation of harsh tariffs. This is an attempt by Trump to promote […]

Read full article at https://wccftech.com/donald-trump-tariffs-raise-consumer-electronics-prices-up-to-40-percent/

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