Microsoft's Surface Go. Credit: Tom's Hardware
Intel, HP, Microsoft and Dell are joining forces to oppose President Donald Trump's proposed tariffs on $300 billion in Chinese goods, which includes laptop computers and tablets. Bloomberg first reported the news.
The four companies have submitted joint comments in opposition to the escalation of tariffs on Chinese imports, suggesting that the practice would be bad for the industry and for people buying the goods. According to Bloomberg, the companies have said the tariffs are likely to hit during the back-to-school and holiday shopping periods, when lots of people shop for new computers.
These comments come during a series of public hearings on tariffs that started on June 17 and will run through June 25.
The Consumer Technology Association, an industry trade organization and lobbying group suggested in a study on Monday that prices of laptops and tablets could increase by as much as 19% the tariffs are put in place.
According to the report, the four companies claimed to have spent $35 billion together on research and development in 2017, and the costs from tariffs could damage innovation by moving money elsewhere and would help manufacturers that aren't dependent on sales in the United States.