Panic in the US, iPhone queues before the raise, and in the background of customs. The same destiny awaits TVs?
According to the Wall Street Journal, many Americans decided to acquisition Apple smartphones earlier than planned, fearing price increases due to the imposition of duties on imported goods by the US President's administration. These duties can increase iPhone production costs by more than 45%, from $580 to $850. As a result, the Cupertino giant would gotta transfer these costs to consumers or quit any of the profits.
iPhone 16 - its price will most likely emergence strongly!
Potential consequences for the RTV market
Similar protectionist actions and related duties may affect the full consumer electronics sector, including televisions and another RTVs. The increase in the cost of production due to duties may lead to increases in prices of these products on the retail market. And it's not just in the US, due to the fact that the alleged "trade war" spoken first by Donald Trump is spilling to another countries. China has just announced in retaliation an increase in taxation on exports of goods to the US to 84%. The consequences for all markets, including Polish, may be serious.
Will tv prices go up?
What does this mean for buyers in Poland?
For consumers, this means that the prices of devices from the RTV sector may increase soon. Those planning to acquisition a fresh tv or another electronic equipment should consider speeding up the purchasing decision in order to avoid possible price increases. It is worth noting that this is not just about Chinese brands. If trade war escalates and another countries join it by passing duties on each other, we may have a hard time controlling the spiral of increases.
It is worth keeping track of developments in the consumer electronics marketplace and keep up with possible price changes in order to plan your purchases properly.
Sources: Wall Street Journal, own
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