(8 Jan 2025)
RESTRICTION SUMMARY:
ASSOCIATED PRESS
Las Vegas – 7 January 2025
1. Various, exhibitions from Chinese companies at CES
2. Smart watches by Exaeon Technologies
3. SOUNDBITE (English) David Movsisyan, Exaeon Technologies:
"We realize that there may be tariffs, especially coming from if our products are manufactured in China. And to combat that, we’re actually setting up a factory in Vietnam as well."
4. Smart watches by Exaeon Technologies
5. SOUNDBITE (English) David Movsisyan, Exaeon Technologies:
"That won’t be that big of an issue because of the price point where we could still, like have space to have a good profit margin and give a good price for our end consumers."
6. Various, Soft Robotics parts from Wisson International
7. SOUNDBITE (English) Hui Cheng, Wisson International Limited, Hong Kong:
"Well, we call our technology general purpose software robotics, which means they can be used in all kinds of industries and scenarios and it can be used to by different clients. Our products have been shipped out to over 100 countries, regions and cities. So I don’t think the US will be that difficult for us. But of course we want to walk away with more local clients and explore new scenarios. Maybe we’ll have new solutions for their use."
8. Soft Robotics parts from Wisson International
ASSOCIATED PRESS
New York – 3 January 2025
9. SOUNDBITE (English) Jonathan Roubini, Technology Expert:
"Trump’s new tariffs are going to come into the market probably this year. And in the tech industry, you’re not going to see a major impact because a lot of the technology are based on software and artificial intelligence. Tariffs are not going to affect software. They’re really going to affect the hardware. We’re going to see products in the technology industry raising costs potentially for the consumer when it comes your iPad, your iPhone, your, you know, your different gadgets, maybe for a few dollars for up to $50 a product. What we’re not going to see is an impact in the long term in terms of the tech sector."
ASSOCIATED PRESS
New York – 7 January 2025
9. Soft Robotics parts from Wisson International
ASSOCIATED PRESS
Las Vegas – 5 January 2025
10. SOUNDBITE (English) Gary Shapiro, President of the Consumer Technology Association:
"Tariffs are taxes. We all know that they are inflationary. They’re paid for by consumers. And if we go forward with the proposals that President Trump has indicated he may put in place, it would have a severe reaction in terms of the prosperity of the United States and it would increase inflation. And we disagree with the Trump administration on that."
ASSOCIATED PRESS
Las Vegas- 7 January 2025
11. 3D printer
ASSOCIATED PRESS
Las Vegas – 5 January 2025
12. SOUNDBITE (English) Gary Shapiro, President of the Consumer Technology Association:
"It depends on how and what and what number and which countries tariffs are put on. But we estimate under some of the proposals will be a range of a 30 to 50% price increase for basic products like PCs, cell phones, laptops, tablets, smartwatches, all sorts of different products that consumers get a great value on today. And what that means is that fewer consumers will be able to access these products. It won’t affect the overall industry sales – people will still buy the products, but fewer people will buy the products."
ASSOCIATED PRESS
Las Vegas- 7 January 2025
13. Booth in CES China Pavillion
ASSOCIATED PRESS
Las Vegas – 5 January 2025
14. SOUNDBITE (English) Gary Shapiro, President of the Consumer Technology Association:
ASSOCIATED PRESS
STORYLINE:
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