Proposed Trump Tariffs Could Undercut U.S. Consumer Tech Spending in 2025

The Consumer Technology Association warns tariffs may reduce purchasing power by up to $143 billion, threatening record-breaking industry growth.

The U.S. consumer technology industry is projected to grow 3.2% in 2025, reaching $537 billion in revenue, according to the Consumer Technology Association (CTA).
Proposed tariffs by President-elect Donald Trump could lead to a $90-$143 billion decline in U.S. consumer purchasing power, according to CTA research.
The tariffs could significantly raise prices on tech products, with laptops and tablets potentially increasing by 46%, gaming consoles by 40%, and smartphones by 26%.
CTA forecasts that purchases of laptops and tablets could drop by 68%, gaming consoles by 58%, and smartphones by 37% if the tariffs are implemented.
Industry leaders urge the incoming administration to reconsider the tariffs, citing potential global supply chain disruptions, increased costs, and reduced U.S. competitiveness.