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flag Proposed tariffs could slash tech sales by $143B, with major drops in laptops, tablets, gaming consoles, and smartphones.

flag 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%. flag Despite these risks, the U.S. tech industry is forecasted to grow 3.2% to $537 billion by 2025. flag 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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