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Tariffs could increase tech prices by up to 70% and reduce GDP by $69 billion according to CTA report (www.tomshardware.com)

submitted 2 days ago by [email protected] to c/[email protected]

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[–] [email protected] 3 points 1 day ago (1 children)

I would point out that Microsoft raised process globally.

Somehow I think that everyone will be screwed because that's what corporations do.

[–] [email protected] 3 points 1 day ago

Well, yeah. Half as much in Europe as in the US, it should be noted. But yeah, it does seem many corpos will either spread the US hit globally to mitigate the sticker shock in the US at the cost of giving some to everyone else (or just as a convenient excuse to squeeze more money out of people). It sucks.

But you would still have to report that you refer to global GDP or to global prices if that's what you meant. Those numbers are going to be different either way. And that's not what they are referring to anyway.