Summary

  • Acer has become the first tech manufacturer to announce it will be passing on the cost of US tariffs on Chinese goods to its customers, via a 10% increase in the price of its laptops.
  • The company’s CEO, Jason Chen, indicated the increase would take effect in March, and was straightforwardly a direct response to the new import taxes.
  • While the additional tariffs were put in place last month, they do not apply to products that are already in the US, hence Acer’s delay in implementing the price rises.
  • Several other top laptop manufacturers, including Apple, Dell and HP, are also likely to be hit by the tariffs and may well follow Acer’s lead, as they also have significant manufacturing operations in China.
  • This move by the US appears to be an attempt to persuade manufacturers to relocate their operations to other countries.

By Jowi Morales

Original Article