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New US tariffs are shaking up tech - here's how it could hit your wallet

Published on: 2025-05-16 18:46:00

iPhone 16 Pro Max in hand. Jason Hiner/ZDNET On Wednesday, April 2, President Donald Trump announced that the United States would impose a new series of tariffs against trade partners. Rates will range from a baseline amount of 10% up to 49% for certain countries. These hikes are slated to go into effect starting April 5. Also: If you need a new laptop, you might want to buy it now - here's why A full list of the tariffs can be found on the Rapid Response 47 account on X, which is run by the Trump administration, and it details every single country that'll affected. It's nearly eight pages long, with the first two highlighting some of the biggest increases. China, for example, will be hit with a 34% tariff. The European Union is going to see 20%. Vietnam is receiving one of the largest tariffs at 46%, only beaten out by Cambodia at 49% and Laos at 48%. The numbers continue from here: Taiwan at 32%, Japan at 24%, South Korea at 25%, India at 26%, Venezuela at 15%, etc. The reason w ... Read full article.