Reported about 17 hours ago
HP Inc. is proactively increasing its inventory of computers in anticipation of potential tariffs proposed by President Trump. CEO Enrique Lores indicated that the company is stockpiling finished products to mitigate early impacts of these tariffs, which could significantly raise prices on consumer electronics. The Consumer Technology Association estimates tariffs could spike laptop prices by up to 46%. As HP navigates mixed sales performance and impending changes in the PC market, attention is focused on how tariffs may affect costs and pricing strategies moving forward.
Source: YAHOO