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Laptop, smartphone, and game console prices could soar after the election (arstechnica.com)

submitted 2 weeks ago by Xatolos@reddthat.com to c/technology@lemmy.world

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[–] hamsterkill@lemmy.sdf.org 2 points 2 weeks ago

Disowning current tariffs doesn't mean they'll go away, either, though.

Tariffs are easy to put in place, but hard to roll back. You can put then in place on a whim, basically, but then the target country will retaliate with their own. As a result, removing them requires diplomatic negotiation to make sure the removal is bilateral. That's not easy to do during times of icy relations like China and we currently have.