Josh Lipton

President-Elect Donald Trump has posted on Truth Social that his administration plans to impose an additional 10% tariff on imports from China and a 25% tariff on imports from Mexico and Canada on January 20, his first day in office. Ed Brzytwa, Consumer Technology Association Vice President of International Trade, sits down with Yahoo Finance's Julie Hyman and Josh Lipton to talk about how hard consumer electronics could be hit by potential tariffs. "It could mean lower sales," says Bryztwa. "Tariffs are taxes that Americans pay when we import products into this country and, by and large, we import a lot of consumer technology products in this country, such as smartphones, laptops, tablets, video game consoles, desktop PCs. So if the tariffs that the president-elect proposed come into effect, that will increase prices." Bryztwa also talk about the potential retaliation from China if Trump's proposed tariffs go into effect. "We just saw Beijing retaliate this week in response to the new export controls on sem