Arrr, me hearties! Hear ye, hear ye! The goodly tidings be that them pesky GPU prices be delayed in the grand US land. But beware, those treacherous hikes may still be lurking on the horizon!
2024-01-04
Avast ye, me hearties! The plunderin' of the graphics card treasuries for the land o' US be delayed for now, but mark me words, mateys, AMD, Intel, and Nvidia GPU buccaneers may still face a fierce storm o' inflated prices in the days to come!
Graphics cards and other PC components have narrowly avoided a price hike in the US, as planned tariffs on Chinese imports have been delayed once again. Originally implemented by the Trump administration, these tariffs imposed a 25% duty on imported graphics cards, motherboards, SSDs, and power supplies from China. The Biden government has continuously postponed the reinstatement of these tariffs, with the latest delay pushing them back to May 31.The Office of the US Trade Representative has cited the need for more feedback from the components industry as the reason for the latest delay. While this delay is good news for consumers in the US, the potential for price increases still looms in the future.
The USTR's review of the Trump-imposed tariffs has been ongoing for almost two years, but their conclusions have not been shared. The Biden government initially delayed the tariffs in 2022 due to concerns about the burden on businesses and consumers amidst inflationary pressures. However, with the economic situation still uncertain, further delays or even abandonment of the tariff scheme are possibilities.
With graphics cards and SSDs already being expensive, any additional price hikes would only add to the misery for PC components. The hope is for either another delay or the abandonment of the tariffs altogether. In the meantime, consumers will have to wait and see what happens next.