Summary
Best Buy warned that Trump’s proposed tariffs on imports from China, Mexico, and Canada could raise prices on consumer electronics, as 60% of Best Buy’s inventory comes from China.
Trump plans to impose a baseline 10% tariff on all imports and a 60% tariff on Chinese goods to boost domestic manufacturing.
Retailers like Best Buy and industry groups like the Consumer Technology Association are preparing for supply chain disruptions by importing goods early or sourcing alternatives to avoid higher consumer prices.
It’s unironically a really good place to buy consumer electronics, both online and in person. They’re still holding on, they’ve crawled out of the hole they put themselves in a decade ago.
Not sure about elsewhere but in Canada they’re also an online marketplace for sellers like Amazon.