Today, China hit back with an 84% tariff on U.S. goods after the U.S. imposed a 104% tariff on Chinese imports—so expect smartphone and laptop prices to rise. Here's a breakdown from experts on just what Americans might expect to pay more on: www.wired.com/story/tariff...

Why would the importer and any retailer reduce their margins - the idea they tie up more in inventory without charging the standard mark up is falsely reducing the new price. A doubling of the cost will double the price and sales tax is also doubled as it is on final price.