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China International Capital Corporation: What is the impact of external tariffs on the Technology Hardware Industry?
China International Capital Corporation believes that the uncertainty of external tariffs does not change the essence of Operation at the industry level and the core competitiveness of enterprises. Considering the lengthy and complex characteristics of the electronic manufacturing Industry Chain, the Global Consumer Electronics industry's manufacturing pattern is unlikely to fully relocate to the USA in the short term. In the long run, the "China + N" manufacturing pattern for Consumer Electronics still holds appeal.
How high are the current tariffs in the USA? Economists driven nearly insane by Trump have done the calculations.
According to recent estimates from industry insiders, the effective tariff rate imposed by the Trump administration on all imports into the USA has now reached between 22% and 27%; The top end of this range (27%) would push the USA's effective tariff rate beyond the level seen in 1903. Even at the lower end (22%), tariffs would reach the highest level since 1910.
Express News | The USA has announced an investigation into the import of chips and electronic products, paving the way for new tariffs.
Electronics Exemption Trims U.S. Tariff Rate -- WSJ
Shares of Broader Tech Companies Are Trading Higher Following President Trump's Decision to Implement a 90-day Pause on Reciprocal Tariffs for All Countries Except China.
Roth MKM Keeps Their Buy Rating on Turtle Beach (TBCH)