Expect prices to rise 23 percent for TVs imported from China and 4.1 percent overall, said a joint report from the National Retail Federation (NRF) and the Consumer Technology Association (CTA).
A television made in China that costs $250 today would cost $308 if the proposed China tariffs are applied, the report said.
About 47 percent of all TVs sold in the U.S. are imported from China, according to the NRF-CTA report. Televisions from China differ from TVs imported from other countries, it said, so changing sourcing won’t be easy.
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