The proposed Trump tariff plan would create a two-tiered US economy, according to financial analysts studying the exemption list. While consumers may dodge price spikes on electronics, businesses face:
• 22-35% cost increases on industrial equipment
• Potential supply chain disruptions for manufacturers
• New inflationary pressures in green energy sectors
“These exemptions will distort market forces,” warned MIT economist David Autor. “We’ll see artificial advantages for exempted sectors.”
The plan’s economic impacts include:
✓ Consumer electronics inflation: 0-2%
✓ Industrial equipment inflation: 15-20%
✓ Renewable energy project costs up 18-25%
Notable bifurcations:
- iPhone prices stable, but EV batteries surge
- Laptops unaffected, but server parts taxed
- Gaming consoles exempt, VR components taxed
Bank of America estimates the plan could:
→ Save average household 127annually on tech →Cost small manufacturers 4,800 per year
→ Add 0.7% to business inflation index
