Average US price of smartphones, game consoles, and laptops may soon exceed $1,000.
China has finally agreed to open negotiations with the Trump administration as the tech industry warns that tariffs could soon spike Americans' costs for the 10 most popular consumer technology products by more than $123 billion annually.
https://arstechnica.com/tech-policy/2025/05/trump-tariffs-could-make-americans-pay-123b-more-annually-for-10-common-gadgets/