Dell, HP, Microsoft & Intel oppose proposed tariffs on laptops, tablets

Implementing the proposed tariffs would increase US prices for laptops and tablets by at least 19 per cent, or around $120 for the average retail price of a laptop

Dell XPS 13
Dell XPS 13. Photo: Windows Twitter
Reuters
2 min read Last Updated : Jul 09 2019 | 4:01 PM IST

Dell Technologies Inc, HP Inc, Microsoft Corp and Intel Corp on Wednesday opposed US President Donald Trump's proposal to include laptop computers and tablets among the Chinese goods targeted for tariffs.

Dell, HP and Microsoft, which together account for 52 per cent of the notebooks and detachable tablets sold in the United States, said the proposed tariffs would increase the cost of laptops in the country.

The move would hurt consumers and the industry, and would not address the Chinese trade practices that the Trump administration's office of US Trade Representative (USTR) seeks to remedy, the four companies said in a joint statement posted online.

Implementing the proposed tariffs would increase US prices for laptops and tablets by at least 19 per cent, or around $120 for the average retail price of a laptop, the companies said, citing a recent study by the Consumer Technology Association.

"A price increase of that magnitude may even put laptop devices entirely out of reach for our most cost-conscious consumers," the companies said, noting that the price hikes would occur during peak holiday and back-to-school seasons.

In a separate statement file Microsoft, along with video game makers Nintendo of America Inc and Sony Interactive Entertainment LLC said the tariffs on video game consoles could stifle innovation, hurt consumers and put thousands of jobs at risk.

The USTR kicked off seven days of testimony from US retailers, manufacturers and other businesses about Trump's plan to hit another $300 billion worth of Chinese goods with tariffs.

The hearings will end on June 25 and the tariffs will not come into effect until after July 2, when a seven-day final rebuttal comment period ends.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

Topics :US tariffs

First Published: Jun 20 2019 | 3:50 AM IST

Next Story