The [Consumer Technology Association] “is projecting that there will be record retail revenues” for the U.S. consumer technology industry in 2025 with 3.2% growth over 2024. However, [Brian] Comiskey warned that those projections could change because “smartphones and laptops are threatened by President elect Trump’s tariff proposals. Tariffs on technology products could lead to a $90-$143 billion — billion with a B — decline in U.S. purchasing power,” he said.