The price of the latest technology seems to rise every year – but this year Smartphone And Laptop prices It can climb even higher due to tariffs.
This week, US President Donald Trump announced a 10% tariff on imports from China after imposing 10% tax last month. Experts expect that cumulative tariff rise by 20% will raise prices for Apple products produced in China, such as IPhones, iPads, MacBooks And Airpodsbut not necessarily at the same rate.
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“Recent tariffs can raise Apple products by about 5-10% in the coming months”, “” Stefan Shipesaid an authorized financial planner and CEO of the Financial Council scientist, in E -Sost. “Apple has traditionally absorbed most tariff impacts, but the company will probably have to bring some of these consumer costs.”
The goal and best purchased warned consumers this week to expect higher prices for everything The latest round of tariffs came into force. Last month, tariff raises have already made Aker announcing that it is Raising the prices of his laptops.
If you are on the market for a new Apple device or imported game system such as PlayStation 5 ProHere's how tariffs could raise prices and what you need to do to prepare.
What happens to the tariffs?
Trump has announced 10% tariffs on imports from China, which is in favor of 10% duty on Chinese imports it announced in early February. China responds to each round of tariffs with its own package of US products, including coal, crude oil and farm products such as chicken, beef, soy, wheat and pork.
Products imported from China are already subject to tariffs Trump ordered during his first term. The latest round of tariffs means that the prices of these goods could rise even higher.
The Trump administration also imposed 25% tariffs on imports from Mexico and Canada After the break last month, amid negotiations with the two countries.
Tariffs, in theory, are designed to influence other countries because their goods are taxed. The tariffs are paid by the US company importing the product, and this addition is usually – but not always – handed over to the consumer in the form of higher prices.
How much can iPhone and MacBook prices increase?
Experts expect that tariffs charged to products from China – and Canada and Mexico – will be turned into higher prices. It means the technology you use every day, such as imported smartphones, tablets, laptops, TVs And even kitchen devicesIt can become even more expensive this year.
How can it look like? If the whole price is transferred to customers, we may notice an increase of 20% of prices. For example, iPhone 16which starts at $ 830 at T-Mobile, it can jump up to $ 996. You can get a 15-inch MacBook Air Starting at $ 1,099 on Amazon; The hike will increase the basic price to $ 1,318.
However, the 20% tariff for goods made in China does not necessarily mean that prices will rise for the same amount. If companies want to stay competitive, they could absorb some of the costs to keep their prices lower.
Apple has announced a $ 100 price reduction to its New MacBook Air Today, despite the tariffs, they take effect just a day earlier. In what was widely considered an attempt to persuade Trump not to impose the latest tariffs, Apple announced last month that it would spend more than $ 500 billion in the next four years. Expand US production operations.
“Apple has positive earnings to absorb the higher prices of many of its products, but not all”, “” Times BrennanCertified Financial Planner and CEO of KIF Finance, said in E -Sost. “Apple's most important product is iPhone. Readers should expect prices to rise either directly or indirectly. … how much it remains to be seen.”
Read more: Higher tariffs could make solar solar
Do you need to buy technology now to avoid tariffs later?
If you were planning to buy a new iPhone, game console, MacBook or other technology, buying can now save you money.
But if you don't have money on hand and plan to use a credit card or buy now, pay later plan just to avoid tariffs, experts say. With average credit card interest rates currently over 20%, Costs to finance a large purchase It can delete all the savings they would receive by buying before prices rise as a result of tariffs.
“We expected only an increase of $ 50 to $ 150 at the upper end of Apple's product, so the decision to buy will depend on the immediate need against tolerance for a slight potential price increase,” Shipe said.
One way to save, even if prices go up, is to buy last year's model instead of the latest release.
“If you are not planning to upgrade next year, there is no need to rush to buy a new smartphone,” ” John Dubravacsaid the chief economist in the IPC, a production trade association, in E -Sost. “Technology is naturally deflationary, which means that over time, performance is rising and prices generally decrease for similar quality products.”