‘Just got our first tariff bill’: Seattle-area hardware startup Wyze reveals trade policy impact

‘Just got our first tariff bill’: Seattle-area hardware startup Wyze reveals trade policy impact

Wyze shares massive tariff bill on just one shipment from China

President Donald Trump's tariffs are hitting tech companies hard, or at least they are in this one specific case.Wyze, a company that specializes in security equipment like cameras, took to X on Wednesday to share an example of what tech companies are going through right now. According to Wyze, one shipment of floodlights accrued a tariff bill that was much larger than the sticker price: $255,000 in tariffs on a $167,000 purchase. The Wyze tweet…

Wyze Imports $167K Worth of Floodlights, Forced to Pay $255K With Tariffs

The security camera provider says it's working to shift manufacturing from China to Vietnam and Malaysia, but the tariffs could mean you'll be paying more down the line, Wyze says.

Wyze gets $255K tariff bill for $167K worth of floodlights

Wyze just settled a $255K tax bill to the CBP for importing $167K worth of floodlights into the U.S.