Summary

Best Buy warned that Trump’s proposed tariffs on imports from China, Mexico, and Canada could raise prices on consumer electronics, as 60% of Best Buy’s inventory comes from China.

Trump plans to impose a baseline 10% tariff on all imports and a 60% tariff on Chinese goods to boost domestic manufacturing.

Retailers like Best Buy and industry groups like the Consumer Technology Association are preparing for supply chain disruptions by importing goods early or sourcing alternatives to avoid higher consumer prices.

  • Maggoty@lemmy.world
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    26 days ago

    The part where the monopolies buy up even more of the economy and we all get issued life subscription plans because they can cover everything from our housing to our groceries to our jobs. Don’t worry, your WaLife Plan^tm is tailored to be affordable for your Cashier position.

    • pivot_root@lemmy.world
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      26 days ago

      Don’t worry, your WaLife Plan™ is tailored to be affordable for your Cashier position.

      I can’t be arsed to actually make the meme, so here’s a transcript:

      [Drake meme]

      Top-left panel: Drake looking away in disgust.
      Top-right panel: Cyberpunk 2077

      Bottom-left panel: Drake looking pleased.
      Bottom-right panel: America 2025