Tariff pain turns to gain: U.S. computer, toy stockpiles help meet virus rush via peard33
FILE PHOTO: A 4th grader at Cottage Lake Elementary tries to figure out assignment instructions on his laptop as he navigates the online learning system the Northshore School District will use for two weeks due to coronavirus concerns, at his home in Woodinville, Washington, U.S. March 11, 2020. Demand for laptops and monitors have surged in the U.S. as more people work and study from home.
“We’re going to be able to fulfill everything for everybody” in the United States, said Richard Black, a vice president of marketing at Acer, which sold about as many laptops worldwide as Apple Inc last year.Other products sought after by families on lockdown, including toys and computer monitors, are also relatively plentiful in the United States. They too had been scheduled to fall under a 15% tariff starting last Dec. 15.
The virus closed many factories in China for a month or more, delaying spring-time deliveries to warehouses globally. On Amazon.com, merchants have raised prices on top-rated consumer laptops by $50 to $100, according to tracking on price comparison tool CamelCamelCamel. “Now is not the time when dealing with children and education environments to try to jack up prices and have some short-term profitability,” Acer’s Black said.
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