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Might be time to buy EVs, laptops and smartphones ahead of Trump tariffs

  • Price hikes are expected on consumer goods due to potential tariffs imposed by the incoming Trump administration.
  • Cars, particularly those produced in Mexico and Canada, may see price increases of $2,100 to $10,000.
  • Electric vehicles (EVs) could face tariff-induced price hikes and the end of the federal tax incentive, resulting in an average price increase of at least 20%.
  • Laptops, tablets, household appliances, video game consoles, and smartphones may also experience significant price increases.

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