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Proposed tariffs could slash tech sales by $143B, with major drops in laptops, tablets, gaming consoles, and smartphones.
The Consumer Technology Association warns that proposed tariffs could reduce American tech product purchases by up to $143 billion, with potential drops in laptop and tablet sales by 68%, gaming consoles by 58%, and smartphones by 37%.
Despite these risks, the U.S. tech industry is forecasted to grow 3.2% to $537 billion by 2025.
The association urges the incoming administration to prioritize an Innovation Agenda and consider international repercussions, as tariffs could raise costs, disrupt supply chains, and hurt competitiveness.
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Las tarifas propuestas podrían reducir las ventas de tecnología en $143B, con importantes caídas en portátiles, tabletas, consolas de juegos y teléfonos inteligentes.