The US administration’s proposed tariffs on TVs from China would increase the price Americans pay for TVs, costing US consumers an estimated $711 million over the next year, according to the Consumer Technology Association and National Retail Federation.
The study looks at the estimated consumer impacts of 25% tariffs on imports of TVs and other product categories from China and finds the proposed tariffs would increase prices on TVs from China by 23% and increase prices for all TVs by 4%. A TV made in China that costs $250 today would cost $308 after the tariffs are applied, while one that costs $500 today would cost $615. (US-China Trade War Could Hit TV Supply)
The full report can be found on the CTA website.
