Trump proposes up to 60% tariffs on Chinese imports, risking higher tech prices for U.S. consumers.

President Trump has proposed imposing tariffs of up to 60% on Chinese imports, which could raise prices for U.S. consumers on tech products like smartphones and laptops. While companies like Apple may seek exemptions, the tariffs might lead to increased manufacturing in India as companies look to relocate. The ongoing trade war is expected to further strain U.S.-China relations and impact global supply chains, potentially making tech products more expensive for consumers.

November 06, 2024
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