Finance News – Electronics
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Trump declares 100% computer chip tariff unless firms build in the US
The proposed measure would significantly impact the electronics industry by imposing full tariffs on imported computer chips, encouraging domestic manufacturing and potentially alt...
Read Full Article →Businesses and charities call for UK to scrap VAT on refurbished electronics
Eliminating VAT on repaired electronics is expected to reduce consumer expenses, boost employment opportunities, and contribute to environmental sustainability by encouraging produ...
Read Full Article →Best Buy cuts full-year sales and profit guidance as tariffs raise cost of electronics
Best Buy's revised forecast reflects increased expenses related to import tariffs, which are impacting overall profitability despite strong first-quarter performance.
Read Full Article →Apple braces for $900m blow from Trump tariffs
Apple is expected to face significant financial impact from new tariffs imposed by the Trump administration, although key electronics, including iPhones, remain exempt from the add...
Read Full Article →Microsoft raises Xbox prices globally amid tariff uncertainty
Microsoft's decision to increase Xbox prices globally reflects broader market challenges, including recent price hikes by Sony for PlayStation 5 and delays by Nintendo, amidst ongo...
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