Several major PC makers have produced a joint written statement in response to the US government’s proposed import tariff. The tariffs are as high as 25%, and, if implemented, would affect a large range of goods imported from China, including electronics. In real terms, this could mean that consumers will end up paying on average over $120 extra for a new laptop, according to the Consumer Technology Association (CTA)
The companies speaking out about the tariffs and their effects include Dell, HP, Intel, and Microsoft. They have collectively warned that this will have an adverse effect on consumers, including families, schools, and even the government.
After mentioning the figures, the statement goes on to say “These price increases will hit during peak holiday and back-to-school demand seasons, and will directly affect ordinary consumers such as families, students, school systems, and the US government."
The figure translates to a 19% price increase, something that may make laptops as well as other electronics prohibitively expensive. The statement stresses that this could lead to consumers using older models, which are not reliable or secure. We might also see consumers bypass laptops completely.
Not only will this reduce sales, but the statement says that the "tariffs would hinder our companies' ability to innovate and maintain US high technology leadership."
In a separate letter, Apple has also spoken out against the tariffs. They state that the proposed tariffs will affect all of its major products, including iPhones, iPads, Macs, Apple TVs, and their accessories.
The letter goes on to discuss Apple’s significant contribution to the US economy, including the numbers of jobs it has created. It stresses its position as “the largest U.S. corporate taxpayer to the U.S. Treasury” and also mention how it pays “billions more each year in local property, sales, and employee taxes.”
When it comes to the effects of the tariffs, it suggests that “The Impact of Tariffs U.S. tariffs on Apple’s products would result in a reduction of Apple’s U.S. economic contribution” and mentions that “U.S. tariffs would also weigh on Apple’s global competitiveness.” This is because, in its words, “The Chinese producers we compete with in global markets do not have a significant presence in the U.S. market, and so would not be impacted by U.S. tariffs. Neither would our other major non-U.S. competitors.”
The Office of the United States Trade Representative (USTR) is currently fielding public comments on the proposed tariffs. This process will last until June 25, when a rebuttal period will follow. If no deal with China is reached, the tariffs could come into effect after July 2.