Consumers could face higher prices for electronics if President-elect Donal Trump hits Canada, Mexico and China with new tariffs, Best Buy CEO said.

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.

  • Flying Squid@lemmy.world
    616·
    16 days ago

    In general, phones are tamper-sealed to ensure you’re buying a new phone. So this really doesn’t make sense to me.

    • ERROR: Earth.exe has crashed@lemmy.dbzer0.comEnglish
      22·
      16 days ago

      Phones may have tamper-seals, but are not impossible to fake. There are already a lot o f fake sd cards in the same sealed package as a real sd card.

      And if you get a phone with no tamper-seals or broken seals, then you’d have to contact amazon and hope they believe you. And unlike cheap items where they just willy nilly and refund you, they pay extra attention to expensive items since most return fraud happens with expensive items. If you get unlucky and they don’t believe you, you’re fucked. The amazon customer service is overworked and they aren’t gonna listen to your story again. And you can charge-back, but then you are banned from amazon.

      If you buy from bestbuy in store, you can see the box is sealed, and bestbuy have almost 0% chance of fake seals, since its harder to even get a fake item in their supply chain. Also, Best Buy customer service in their stores generally are less overworked and have more downtime, so they are more willing to listen to your story. Customer service irl are more forgiving since they have to be face to face, so theres also a psychological factor that play in to your higher likelihood of getting an item returned.

      • Flying Squid@lemmy.world
        81·
        16 days ago

        True, but you don’t go to Best Buy to buy a used phone since they don’t sell used phones, so I think that talking about buying a new phone on Amazon vs. a new phone at Best Buy is the fair comparison here.

      • Chozo@fedia.io
        3·
        16 days ago

        The condition of the phone was mentioned, so yes. That’s… kinda the whole and only point here.