PC hardware prices go up as Trump tariffs go back into effect
This applies to most computer hardware
A message from hardware maker ASUS regarding pricing on motherboards and graphics cards has the PC gaming community bracing for higher prices in 2021 as exemptions to Donald Trump's import tariffs on Chinese products expire.
In a statement reported Tuesday by WCCFTech, ASUS announced MSRP changes reflecting "increases in cost for components, operating costs, and logistical activities, plus a continuation of import tariffs." The statement from Juan Jose Guerrero III, a technical product marketing manager for ASUS, first appeared in the company's Facebook group. It has since been removed. Polygon has reached out to an ASUS representative for additional comment.
The Trump administration in 2018 imposed tariffs on billions of dollars of Chinese goods, leading many companies to ask for, and receive, temporary waivers to the import tariffs. Tariffs are not a tax collected from the exporting country or its manufacturers; they are paid by the citizens and the businesses of the country imposing them.
The waivers expired at midnight Dec. 31, reinstating tariffs that range from 7.5% to 25%. Already some retailers are showing price hikes on some ASUS graphics cards. Although not in stock either through ASUS' own storefront, or NewEgg, the ROG STRIX LC Radeon RX 6800 XT is now $1,079.99; it launched at $899.99. A non-XT variant of the same product, which launched at $579.99, is now $839.99.
It's also not in stock, reflecting another, non-tariff related problem with PC hardware: demand has well outstripped supply for the components since the onset of the global coronavirus pandemic. ASUS' statement about the price changes acknowledges "this time of unprecedented market change."
TechPowerUp has a list of other hardware and their price increases.
In 2019, a joint statement from console makers Nintendo, Sony, and Microsoft predicted American consumers would absorb almost $840 million in additional costs if tariffs on those devices went through. They won a reprieve later that summer, which delayed the imposition of 25% tariffs until the following December.
Biden administration will probably reverse this. Also have to balance with expectations of new Nividia 3XXX cards hitting mid-tier PCs like this in the not so distant future.
Can confirm... coupon is now dead. Too bad. I was thinking of grabbing one of these, taking the GPU and reselling the system locally. Only way to get an inexpensive GPU these days.
A desktop like this with just the integrated video will likely sell for $500+ in barely-used or open-box condition on most marketplaces right now. If you can sell it locally without fees, that means $100-ish for a new 1660 Super (with probably no warranty coverage), which is a very good price in the current market. Wal-Mart is selling i3 systems with no expandability for $550.
If you time it right, you could sell the 1660 Super for $200-$300 before the prices come back down and grab a 3060 or 3060 Ti once they can be bought at MSRP (in 2027).
Yep. I'm happy I can grab the 1660 Super. I can throw that into my son's gaming system and take back my GTX 1070. :-)
Wanted a machine to dedicate to music software, so this is perfect. I'll probably add 8GB Ram, but then just strip out the GPU to sell and use onboard graphics.
With 2% rak10, 10% back via AMEX, and another $25 cashback from AMEX for $500+ purchase makes it even sweeter at $525 after tax.
Repped for this, I had the same offers from AMEX, sweet deal.
Biden administration will probably reverse this. Also have to balance with expectations of new Nividia 3XXX cards hitting mid-tier PCs like this in the not so distant future.
Nope. I'm an Nvidia partner and EVGA, MSI, partner who buys thru authorized distributors. I've conversed with factory and distributors almost every day. Nvidia is making promises they cannot honor, My backorders of cards are running 2-3 months behind and its getting worse not better. Biden has not given any reason to suggest he will reverse. More models makes inventory of each worse not better. I've been in business for just shy of 26 years and this is the worst supply situation I've ever seen. Hide and watch--prices are going up--there will not be any supply of MSRP priced cards in 2021.
POLITICS
Biden says he won't immediately remove Trump's tariffs on China
President-elect Joe Biden will not immediately remove tariffs imposed by President Donald Trump on China, a legacy of the outgoing administration's trade war, as he moves to develop a strategy with U.S. allies on how to best deal with Beijing, according to The New York Times.
"I'm not going to make any immediate moves, and the same applies to the tariffs. I'm not going to prejudice my options," Biden told columnist Thomas Friedman in an interview that touched on the incoming president's domestic and foreign policy priorities.
Biden said he first wants to conduct a full review of the "phase one" trade deal that the Trump administration reached with China, according to The Times.
The deal effectively declared a truce in the trade war launched by outgoing President Trump, who sought to force Beijing to change its trade and industrial practices by imposing escalating rounds of tariffs.
Biden said he wants to consult with traditional U.S. allies in Asia and Europe "so we can develop a coherent strategy" before making a move on tariffs, according to the Times.
"The best China strategy, I think, is one which gets every one of our — or at least what used to be our — allies on the same page," Biden told Friedman. "It's going to be a major priority for me in the opening weeks of my presidency to try to get us back on the same page with our allies."
Trump dismissed international cooperation in favor of what he described as an "America first" trade policy. One of his first acts as president was to pull the U.S. out of the Trans-Pacific Partnership, a massive trade agreement negotiated by the Obama administration with 11 other nations. The agreement, which was never ratified by Congress, excluded China and was a central part of Obama's efforts to cement U.S. influence in Asia.
As Trump pursued a trade war with China, he threatened broad tariffs against European states such as Germany, alienating traditional allies with close economic ties to the U.S. who share many of the same criticisms of Beijing's trade practices.
China recently signed the world's largest trade deal with 14 Asia-Pacific countries, called the Regional Comprehensive Economic Partnership, which excludes the United States. Some of the members of the China-led agreement were part of the U.S. negotiated TPP.
Under the phase-one deal, China agreed to purchase $200 billion worth of U.S. goods and services through 2021, though it has not kept pace with those targets, according to the Peterson Institute for International Economics. China also agreed to develop an action plan to strengthen intellectual property protection and end forced technology transfers.
The phase-one trade deal left in place 25% tariffs on $250 billion worth of Chinese imports. Those tariffs have hurt U.S companies who are dependent on supply chains in China. There is an exclusion process that allows companies to plead their case before the U.S. Trade Representative for exemptions.
Coupon keeps going dead and alive again. If yours is dead, try giving it about 5 to 10 minutes and try again. I was able to just order one as of 4:24PM CST after my coupon went dead. Good Luck. and don't forget the 10% AMEX and $25 OFF $500 mentioned earlier.
I bought the $699 Lenovo at Costco for my kid at Xmas. Similar speed except 16gb ram and 1 Tb hard drive and Costco warranty. Maybe would have got this instead had it been around. I guess the Costco one has WiFi ax too. So maybe newer mb.
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This applies to most computer hardware
A message from hardware maker ASUS regarding pricing on motherboards and graphics cards has the PC gaming community bracing for higher prices in 2021 as exemptions to Donald Trump's import tariffs on Chinese products expire.
In a statement reported Tuesday by WCCFTech, ASUS announced MSRP changes reflecting "increases in cost for components, operating costs, and logistical activities, plus a continuation of import tariffs." The statement from Juan Jose Guerrero III, a technical product marketing manager for ASUS, first appeared in the company's Facebook group. It has since been removed. Polygon has reached out to an ASUS representative for additional comment.
The Trump administration in 2018 imposed tariffs on billions of dollars of Chinese goods, leading many companies to ask for, and receive, temporary waivers to the import tariffs. Tariffs are not a tax collected from the exporting country or its manufacturers; they are paid by the citizens and the businesses of the country imposing them.
The waivers expired at midnight Dec. 31, reinstating tariffs that range from 7.5% to 25%. Already some retailers are showing price hikes on some ASUS graphics cards. Although not in stock either through ASUS' own storefront, or NewEgg, the ROG STRIX LC Radeon RX 6800 XT is now $1,079.99; it launched at $899.99. A non-XT variant of the same product, which launched at $579.99, is now $839.99.
It's also not in stock, reflecting another, non-tariff related problem with PC hardware: demand has well outstripped supply for the components since the onset of the global coronavirus pandemic. ASUS' statement about the price changes acknowledges "this time of unprecedented market change."
TechPowerUp has a list of other hardware and their price increases.
In 2019, a joint statement from console makers Nintendo, Sony, and Microsoft predicted American consumers would absorb almost $840 million in additional costs if tariffs on those devices went through. They won a reprieve later that summer, which delayed the imposition of 25% tariffs until the following December.
A desktop like this with just the integrated video will likely sell for $500+ in barely-used or open-box condition on most marketplaces right now. If you can sell it locally without fees, that means $100-ish for a new 1660 Super (with probably no warranty coverage), which is a very good price in the current market. Wal-Mart is selling i3 systems with no expandability for $550.
If you time it right, you could sell the 1660 Super for $200-$300 before the prices come back down and grab a 3060 or 3060 Ti once they can be bought at MSRP (in 2027).
Will an 8TB 3.5" HD fit in this?
Wanted a machine to dedicate to music software, so this is perfect. I'll probably add 8GB Ram, but then just strip out the GPU to sell and use onboard graphics.
With 2% rak10, 10% back via AMEX, and another $25 cashback from AMEX for $500+ purchase makes it even sweeter at $525 after tax.
Sign up for a Slickdeals account to remove this ad.
POLITICS
Biden says he won't immediately remove Trump's tariffs on China
President-elect Joe Biden will not immediately remove tariffs imposed by President Donald Trump on China, a legacy of the outgoing administration's trade war, as he moves to develop a strategy with U.S. allies on how to best deal with Beijing, according to The New York Times.
"I'm not going to make any immediate moves, and the same applies to the tariffs. I'm not going to prejudice my options," Biden told columnist Thomas Friedman in an interview that touched on the incoming president's domestic and foreign policy priorities.
Biden said he first wants to conduct a full review of the "phase one" trade deal that the Trump administration reached with China, according to The Times.
The deal effectively declared a truce in the trade war launched by outgoing President Trump, who sought to force Beijing to change its trade and industrial practices by imposing escalating rounds of tariffs.
Biden said he wants to consult with traditional U.S. allies in Asia and Europe "so we can develop a coherent strategy" before making a move on tariffs, according to the Times.
"The best China strategy, I think, is one which gets every one of our — or at least what used to be our — allies on the same page," Biden told Friedman. "It's going to be a major priority for me in the opening weeks of my presidency to try to get us back on the same page with our allies."
Trump dismissed international cooperation in favor of what he described as an "America first" trade policy. One of his first acts as president was to pull the U.S. out of the Trans-Pacific Partnership, a massive trade agreement negotiated by the Obama administration with 11 other nations. The agreement, which was never ratified by Congress, excluded China and was a central part of Obama's efforts to cement U.S. influence in Asia.
As Trump pursued a trade war with China, he threatened broad tariffs against European states such as Germany, alienating traditional allies with close economic ties to the U.S. who share many of the same criticisms of Beijing's trade practices.
China recently signed the world's largest trade deal with 14 Asia-Pacific countries, called the Regional Comprehensive Economic Partnership, which excludes the United States. Some of the members of the China-led agreement were part of the U.S. negotiated TPP.
Under the phase-one deal, China agreed to purchase $200 billion worth of U.S. goods and services through 2021, though it has not kept pace with those targets, according to the Peterson Institute for International Economics. China also agreed to develop an action plan to strengthen intellectual property protection and end forced technology transfers.
The phase-one trade deal left in place 25% tariffs on $250 billion worth of Chinese imports. Those tariffs have hurt U.S companies who are dependent on supply chains in China. There is an exclusion process that allows companies to plead their case before the U.S. Trade Representative for exemptions.
Any way kid likes it. Works good for gaming.
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Saying due to limited availability coupon is no longer active