
Trump’s Tariffs Will Widen the Digital Divide
Boone Ashworth
created: April 29, 2025, 10 a.m. | updated: May 2, 2025, 9:02 a.m.
As President Donald Trump’s tariff turmoil continues, it becomes increasingly clear that this unpredictability in the US will create economic stress for American businesses and residents.
But as with other types of commercial turbulence, the people who will be hit the hardest are those with lower incomes.
“Generally, lower-priced products have thinner margins, and this holds true across nearly all categories.”Cheaper cars, entry-level smartphones, and budget laptops and tablets all make less profit per unit than their premium-model counterparts.
If the extra cost added by tariffs makes people buy less stuff, it means the logic behind selling them in the US at all makes less sense.
“The logic is pretty simple: Lower-priced products compete more heavily on price, which squeezes margins,” DuBravac says.
1 month, 1 week ago: WIRED