President-Elect Donald Trump Considers Imposing “Economic Emergency” To Implement Tariff Plans; GPU Prices Might Soar Massively In Upcoming Months

bssunilreddy

bssunilreddy

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President-Elect Donald Trump Considers Imposing “Economic Emergency” To Implement Tariff Plans; GPU Prices Might Soar Massively In Upcoming Months​

Trump's Tariff Program Could Lead To A Massive Rise In Consumer Hardware Prices, Disrupting Several Industries​

Potential GPU and consumer electronics buyers might need to prepare for a massive price rise, as Trump is considering declaring a national emergency to implement his tariff plans.
Since the US elections, debates around how Trump's tariff policy will play out have been all over the internet, but it is imminent that the industry will witness the imposition of Trump's trade policies, which will devastate the consumer industry. In a report by CNN, it is now said that Trump plans to act on his tariff policy by using the International Economic Emergency Powers Act (IEEPA), allowing him to manage imports and handle a nation's trade policy during an economic emergency.

While Trump's team is still planning on how to play out the tariff move, it is claimed that the next four years won't be easy for hostile nations like China in terms of trading with the US. For those unaware, Trump plans to bring in a 10% tariff on imports from other than China and a 60% tariff on imports from China. According to a previous report, we discussed how this policy could lead to a massive rise in the pricing of consumer products imported from China, marking a phenomenal 40%-50% increase depending on how the policy plays out.

We recently discussed how companies like NVIDIA and AMD have already decided to speed up the production process of next-gen GPUs to prevent the influence of Trump tariffs on their products. Similarly, Microsoft, HP, and Dell are also in the pursuit of rapidly importing consumer hardware to keep prices under control and prepare for what's coming ahead for the industry.

Trump has used the IEEPA before as well, during the US-Mexico dispute back in 2021, so it certainly won't be wrong to say that this is one of the cards the Trump administration can play out to assert US dominance in the global trade industry. For consumers looking to get their hands on products such as the newest GPUs or electronics, anticipating a tariff imposition shouldn't be out of the question at all, and given the previous track record of the Trump administration, they should act accordingly.

Source: https://wccftech.com/president-elec...osing-economic-emergency-to-implement-tariff/
 
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This could have been great opportunity for India to rise as manufacturing hub because importing from India would mean 10% . But we are not ready to replace China as of now.

Maybe We can do what we are doing with Russian Oil. Import from Russia and then sell it to Europeans at higher price in finished products .

So India might be able to import in huge China...assemble it and sell it as Make in India with 10% tariff to keep Trump happy and continue with our business.

Not sure How feasible it is though as with China also we have lot of issues and they will keep delaying our supply chain.
 
solo_wing said:
Maybe We can do what we are doing with Russian Oil. Import from Russia and then sell it to Europeans at higher price in finished products .
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We could also make it easier for Taiwan to setup more manufacturing facilities in India by relaxing labor and import laws, be a bit more flexible on incentives.
 
JMP said:
We could also make it easier for Taiwan to setup more manufacturing facilities in India by relaxing labor and import laws, be a bit more flexible on incentives.
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That's a good plan.
India takes little measures to do more deals with Taiwan because of China.
Taiwan has repeatedly shown interest in doing more business with India but we seemed to be taking it slow.

Remember that big Foxconn- Vedanta deal falling apart some time back.

It could have been a great deal for India.
Putting faith of big business from Taiwan into Indian industry.
 
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JMP said:
We could also make it easier for Taiwan to setup more manufacturing facilities in India by relaxing labor and import laws, be a bit more flexible on incentives.
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Any touching of the labour laws will invite extensive protests by the leftists and unions (eg. Farmer unions).

Any relaxing import laws will invite extensive protests by the dhandho lobby.

Being flexible on the incentives will eat up into the ladli behen yojana budgets.

sed lyf
 
All pc component prices for americans will increase, not only gpu. Even game console prices will increase. USA should get ready for massive inflation. If rest of world govts decide to play this stupid game then rest of world will be in for a bad ride too.
 
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bssunilreddy said:
Trump has used the IEEPA before as well, during the US-Mexico dispute back in 2021, so it certainly won't be wrong to say that this is one of the cards the Trump administration can play out to assert US dominance in the global trade industry.
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Trump was not the president in 2021.

wccftech is run by pakis. They are prob rattled by Musk going after their brothers in UK.
bssunilreddy said:
a tariff imposition shouldn't be out of the question at all, and given the previous track record of the Trump administration, they should act accordingly.
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So trump imposed tariffs in his previous term. Did the prices go up? Was it worse that the inflation in Biden's term?
 
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JMP said:
We could also make it easier for Taiwan to setup more manufacturing facilities in India by relaxing labor and import laws, be a bit more flexible on incentives.
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remember labor strikes that hold at Samsung Factory to stop production nearly for 1 month or more. Local regional political parties & politicians will never keep national interest at top but Personal Gain at first.
Who will invest Billions Dollars to keep factory shut for months by trade unions & politicians. source
 
Emperor said:
remember labor strikes that hold at Samsung Factory to stop production nearly for 1 month or more. Local regional political parties & politicians will never keep national interest at top but Personal Gain at first.
Who will invest Billions Dollars to keep factory shut for months by trade unions & politicians. source
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And many indian companies are able to put billions and run plants. There is an inconvenience but one incident is not a big deal for massive players. Even for foxconn in China has had issues.
 
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Emperor said:
remember labor strikes that hold at Samsung Factory to stop production nearly for 1 month or more. Local regional political parties & politicians will never keep national interest at top but Personal Gain at first.
Who will invest Billions Dollars to keep factory shut for months by trade unions & politicians. source
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You will never have strikes if the workers are paid well, If companies come to India with the mindset that Chinese labour is too expensive now, so let's save as much money as possible in India, they will have issues like this here. They are used to negotiating salaries with the government in China. In India they will have to keep up with the market.
 
roadrash99 said:
You will never have strikes if the workers are paid well, If companies come to India with the mindset that Chinese labour is too expensive now, so let's save as much money as possible in India, they will have issues like this here. They are used to negotiating salaries with the government in China. In India they will have to keep up with the market.
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But then we will never be competitive enough for them to come here.

There are other countries like Vietnam, Thailand , Indonesia and few others where they can negotiate better deals .

Companies don't care for people. They want maximum profit whether it is in China or India or anywhere.

In the end we loose.

Look we will have to pay price for high population and low standards of living.
Until things get better after 30 -40 years with population declined and higher Per capita income.( Ofcourse not saying population declined is great idea also ...but right now it is a liability for many and asset for some)
 
solo_wing said:
But then we will never be competitive enough for them to come here.

There are other countries like Vietnam, Thailand , Indonesia and few others where they can negotiate better deals .

Companies don't care for people. They want maximum profit whether it is in China or India or anywhere.

In the end we loose.

Look we will have to pay price for high population and low standards of living.
Until things get better after 30 -40 years with population declined and higher Per capita income.( Ofcourse not saying population declined is great idea also ...but right now it is a liability for many and asset for some)
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Companies need skilled work force . They will not buy donkeys because they are cheaper than horses .
 
yugaaa said:
Companies need skilled work force .
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Once they decide to set up a big factory here. They also start the skill development programme and quickly start the industry.

Tata had open factory in Singur for Nano and was started to develop skills of local.

So getting required skills into population is not that difficult either.

Many countries have had entire population of local areas helped develop skills as per required and start pushing them into factories.
 
solo_wing said:
But then we will never be competitive enough for them to come here.
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We will be cheaper than China still. As for Vietnam, etc, competitiveness is more about the whole ecosystem that government manages to create (if they do). Once India has enough manufacturing going on it will naturally become a hub and a default choice. But right now it's just an alternative for companies looking for a stable base that is not affected by US-China relations. Just promoting India as a cheap labour destination will create false expectations for everyone.
 
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solo_wing said:
here are other countries like Vietnam, Thailand , Indonesia and few others where they can negotiate better deals .
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Absolutely, I have no idea why would any company prefer India to Vietnam.

Vietnam is much ahead in terms of infrastructure and with that business friendly nature of the govt. Plus supply line is well established for high-end products like smartphones, sports bikes. The Vietnamese can outmatch the Indian wages and given that their economy is a net positive (unlike India) they don't suffer that drastic inflation.
 
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Another 4 years of Buddy Dolund Trump is going to be a nightmare for ALL :banghead::banghead::banghead: - and not impacting just folks on TE whose life & work depends on "computer hardware & consumer electronics"

Every aspect of life in the next one year will have to be re-imagined as governments and nations will not take things lying down.

So for those who can UPGRADE YOUR SYSTEMS NOW ..... and pray that your builds will serve ye well until 2029 ;):tearsofjoy:
 
Will have to wait till he take his seat before acting on anything, right now he may be bluffing and sending feelers everywhere.
Things will change altogether once he sit on the hot seat.
 
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