Citing data compiled by multiple sources, CEDIA has reported that the Trump administration’s tariff policies could significantly increase costs for a range of smart home devices and electronics.

The data which focused on US consumers showed that there is an anticipated price increase across smart appliances, connected devices, TVs, video game consoles, laptops and tablets, reported Twice.

Some of the main projections include:
• Connected Devices: Average price increase of 10%, which will result in an expected 18.1% reduction in purchases.

• Smart TVs: Projected price increase of up to 9%.

• Laptops and Tablets: Price rise estimated between 46% to 68%.

• Smartphones: Anticipated price hikes between 26% to 37%.

• Video Game Consoles: Estimated price increase of 40% to 58%.

• Smart Appliances: An approximately 20% increase due to material costs.

 

In Australia, a weak Aussie dollar and Trump’s tariffs against countries, specifically China which is a manufacturing hub, could result in more expensive laptops, as well as other CE devices.

Apart from the 10% tariffs on imports from China, increased rates on steel and aluminum has also ignited consumer concerns about rising prices.

Around 38% of companies are expected to pass the complete cost increases to customers and just 4% plan to absorb these costs.

Apple, for example, has decided to keep its prices at their current levels and deduct that 10% tariff from its profit margins.

Apple iPhone 16.

Other companies, such as Acer, for example, have reportedly decided to pass those increased prices on to consumers. As a result, all Acer products imported from China in the US are expected to become 10% more expensive.

“We have processes around understanding discounting but our direction to our staff is to take the deal,” JB Hi-Fi Group CEO, Terry Smart, recently told investors, according to Appliance Retailer.

“Sometimes it’s skinnier than it should be, but we would rather bank those dollars than let someone else do it – even if the end result is a lower gross margin.”

In some instances, companies such as kitchen appliance maker Breville have begun to move production out of China to counter the tariff threat. The company said that its move to shift 120v production out of China “is in full swing” and that it would “continue to adapt and adjust as the rules on the field change.” Mexico or South-East Asia is expected to absorb some of the production capacity.