Wired: Buy Electronics Now Before Trump’s Tariffs Hit

Wired reports:

Let’s say a laptop costs $400 at import in the US. A retailer would then add an average gross margin rate of 30 percent—how much revenue the retailer retains after deducting the cost to produce or acquire the item—and that laptop will now cost $571. That’s the price you’ll pay at a big box store.

China exports a lot of laptops to the US, and as of April 9, you’ll have to factor in the 104 percent tariff. If you were planning on upgrading your laptop, tablet, or smartphone soon — maybe the battery is lackluster or it’s just too old — do it now.

You likely won’t see prices rise for a few months as companies have stocked up on goods ahead of the impending trade war, but if nothing changes in the coming weeks, expect to see prices soar starting in June or July.

Read the full article.