Tariffs Boost Demand for Refurbished Electronics

What Businesses Aren't Affected by Tariffs?

If you’re wondering what kinds of businesses aren’t affected by tariffs — especially in the tech space — the answer may surprise you. Imagine walking into your local electronics store, eager to upgrade your smartphone, only to find that prices have surged dramatically. This scenario is becoming a reality as the U.S. government has imposed significant tariffs on imported goods, particularly electronics. These tariffs are leading to increased cost…

Tariffs Boost Demand for Refurbished Electronics

Close the Loop Limited (ASX: CLG) anticipates a favorable impact from recent tariffs imposed by the US government and other countries on imports and exports related to the USA. The tariffs are expected to make new laptops, printers, computing, and gaming accessories more expensive globally, leading to increased demand for certified refurbished products, a sector in which Close the Loop is a prominent player. The company’s Mexicali facility benef…