FILE PHOTO: A customer looks at laptops at a Dell outlet in Beijing December 13, 2010. REUTERS/Christina Hu
(Reuters) – Dell Technologies Inc., HP Inc., Microsoft Corp. and Intel Corp. on Wednesday, the US President, Donald Trump’s proposal to build the laptops, and tablet devices among the Chinese to goods that are intended to be for the price.
Dell, HP, and Microsoft, which together have 52 percent of all notebooks and detachable tablets to be sold in the United States of america, has said that the proposed rates would increase the cost of the laptops into the country.
The move would hurt consumers and the industry, and it is not the Chinese trade practices, for the Trumpet records in the office of the u.s. Trade Representative (USTR) to try to correct the problem, the four companies said in a joint statement posted online.
The implementation of the proposed rates would raise U.S. prices for laptop computers, and tablet devices, with at least 19%, or about $120 with the average price of a laptop, the companies said, citing a recent study by the Consumer Association of the Technology.
“An increase of this size may be even laptop devices as a whole, out of the reach of the most budget-conscious consumers,” the companies said, noting that the increase in costs that would occur during the peak summer season and back-to-school season.
In a separate statement, Microsoft, along with video-game makers Nintendo of America, Inc. and Sony Interactive Entertainment, LLC, said that the prices on some of the video game consoles that could stifle innovation, hurt consumers, and the thousands of jobs at risk.
The USTR is the kick-off for the seven days of testimony from U.S. retailers, manufacturers, and other businesses over the He’s going to get another $300 billion of Chinese goods, with their prices.
The hearings will end on the 25th of June and the rates will not take effect until after the 2nd of July, when, as a seven-day-a final rebuttal comment period ends.
Report by Saumya Sibi Joseph in Bengaluru; Editing by Shounak Dasgupta