President Donald Trump’s tariffs are stricken at high-tech companies, or at least they’re in this one particular case.
Wyze, a company specializing in security equipment such as cameras, I took it to x On Wednesday, we will share an example of what tech companies are experiencing now. According to Wyze, one shipment of floodlights caused a tariff bill that was much larger than the sticker price. This is a $255,000 tariff for a $167,000 purchase. Wyze’s tweet claimed it would cost more than any of the founders created last year.
Masculine light speed
“Fortnite” will eventually return to the iOS App Store
This tweet is currently unavailable. It may have been loaded or deleted.
For clarity, this cargo came from China. China is currently exaggerating 145% tariffs on all imports. Also, it happens to be everywhere Many Manufacturing of technical products. The company proposed in a Follow-up Tweet Instead, it is moving production rapidly to Vietnam, which is in the middle of a 90-day suspension of tariffs.
Whether this means that wyze products will raise prices due to customs duties, the general point here is that importing things from China is now prohibitively expensive. Given that so many products are made in China, that will become a problem over time. We already knew everything, but seeing the actual numbers shared by our company’s social media managers is a sign that we actually live in strange times.
