Even companies that make goods in the US typically import materials from other countries to make those goods. Those materials will now be subject to much higher taxes when they enter the US.
That doesn’t necessarily mean prices on all of those goods will go up in tandem with the tariff rates. Companies with big profit margins might eat some or all of the tariff costs without passing on price increases to customers.
But many, many companies—especially those with lower profit margins—are all but certain to raise prices if the tariffs hold.
“I believe companies will try to absorb some of the costs,” Counterpoint Research smartphone manufacturing senior analyst Prachir Singh told me, but the tariffs are so high that they “will be passed on to the consumers.” Read More
Related Research
Apr 9, 2025
Apr 8, 2025
Apr 8, 2025