Many American companies have recently expressed concern about the comprehensive tariffs declared by President Donald Trump, or even anger, which economists say that their companies are threatened as a result of increasing costs and high prices for consumers.
The nature of the tariff, and their rollouts, motivates the “panic-boiling” of a wide range of products, which can withstand the price increase in the coming months, according to a Reuters report on Wednesday, which cited data from the US Commerce Department.
The CEO of the back market, an online marketplace for used and renewed technical devices, says he is looking at sales jump for the first time. Thibod Hug de Larauj says that the back market tripped its sales in a single week in view of Trump’s announcements.
“Some people had run away in the first (place of their smartphone or computer), as they were going to spend more than much weeks from now,” Hug de Larooz, who co-established the company, said, “said,”.
Most smartphones and computers are manufactured in China, currently facing 145% total tariff rate on goods imported in the United States. Trump on April 11 released a temporary discount for products, but later announced a plan to introduce a specific tariff that targets electronics that may soon be effective in May.
Hug de laroze from the back market boom week: can start choosing for more American use or renewed devices, if Trump’s tariffs increase prices on new electronics for the future future. “This is a big opportunity for American people to change the way it consumes this goods, as the encouragement to avoid those tariffs has never been as much,” they say.
Some analysts agree with the observation of Hug D Larauj. Dan Evece, Vesabash Securities Global Head of Technology Research, says, especially smartphones, especially in the short -term sales of smartphones, can cause prolonged tariffs “huge upper”.
Companies like Apple may need to increase their prices per product per product-not much-based on the first electronics-specific tariffs, other analysts are estimated.
Currently, enough Americans prefer to replace their devices with brand-new people who only sells about one-third of their stocks in the US, calling Hug de Larouz.
Once the tariff is implemented, he can flip the ratio, he says: “What I expecting with the tariff is that it is going to change two-thirds (two-thirds of being sold, because there is encouragement, of course, when you already need a product, to save money.”
Of course, the timeline is unexpected. The adjacent electronics tariffs of Trump can last for days, weeks or months – or are never effective.
For long periods, Evece suspect that typical American consumers may be arranged for an use or renewed device for now, but once allowed your wallet to return on purchasing new technology.
“We believe that 80% to 90% of consumers are difficult to behave to buy a new smartphone (and),” says Ives.
Want a new career that is high-paying, more flexible or complete? Take a new online course of CNBC How to change career and be happy at workExpert instructors will successfully teach you a strategy for the network, starting your own dream career in your dream career. Start from today and use the coupon code earribard for an introductory discount of 30% from $ 67 (+taxes and fees) via May 13, 2025.
Other than this, Sign up for CNBC Create this newspaper To get tips and tricks for success at work, with money and in life.
