Trump’s proposed tariffs could drive up costs for consumer electronics and streaming services, impacting prices and consumer demand. Planned tariffs include a 60% levy on Chinese imports and up to 20% on all imports, which could lead to fewer smart TV sales and decreased streaming subscriptions, as seen during pandemic-era supply chain issues. Companies are considering ad-supported tiers to offset losses, but tariff-induced inflation may reduce consumer spending power and hurt the ad market. Additionally, firms may shift production to avoid tariffs, though global price hikes seem inevitable, with economic experts warning of a potential U.S. GDP decline.
60% tariff on Chinese imports and a 20% tariff on global imports could cost U.S. households an estimated $3,000 to $6,000 annually, potentially triggering a significant drop in consumer spending on electronics and streaming services—industries already sensitive to small shifts in demand.
Discussion (1)
I can totally see streaming services like Netflix and Hulu losing subscribers if people cant afford the devices to watch them on or if the subscription prices keep going up to offset costs