Trump's Tariffs Take Effect: Will They Send TV Prices Through the Roof?

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Published Jun 2, 2025

With President Trump's latest tariffs officially in effect today, the consumer electronics market—especially TVs—could be facing major price increases. These tariffs impose a 25% tax on imports from Mexico and Canada, while Chinese goods face increased levies from 10% to 20%. Industry leaders, including Best Buy’s CEO, warn that these added costs will likely be passed down to consumers, making price hikes on TVs and other electronics almost inevitable.

While some companies may shift production to other countries to avoid tariffs, those changes take time—and they might not fully offset rising costs. If you're thinking about buying a TV, acting now could save you from paying more later.

Tariff update, watch part 2 here: https://www.youtube.com/watch?v=fxmK_Onyj7s&ab_channel=DigitalTrends

VIDEO CHAPTERS
0:00 Intro
1:56 What Is a Tariff and How Does It Work?
3:52 Why Would a Tariff Be Imposed?
8:59 Tariffs as a Negotiation Tactic
10:29 What Might Manufacturers Do in Response?
12:27 Are TV Prices About To Skyrocket?
13:56 Conclusion

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