Computer & Peripheral Manufacturers NAICS 3341

Mar 6, 2026 - Countries may Choose to Keep Existing Tariff Deals

• President Trump said in his State of the Union Address that almost all countries and corporations want to keep trade deals already completed in order to avoid the higher tariffs enacted via an executive order issued shortly after the US Supreme Court ruled in late February 2026 that President Trump exceeded his authority when imposing tariffs using a law reserved for a national emergency. Computer and peripheral manufacturers are likely to benefit if the cost of goods imported from countries that were hit with tariffs decreases. The executive order implements a new tariff under Section 122 of the 1974 Trade Act. Section 122 allows the president to institute a "temporary import surcharge" of up to 15% if he finds there are "large and serious United States balance of-payments deficits" or to "prevent an imminent and significant depreciation of the [US] dollar in foreign exchange markets." The tariffs can last for up to 150 days, after which Congress may have to take action to extend them, according to NBC News, and the law is also not clear on whether the administration could restart the tariffs immediately after the 150 days with another executive order.
• Tech giants including Nvidia, Apple, and IBM have announced major investments in US manufacturing facilities. IBM pledged to invest $150 billion in the US, including on facilities for quantum computer production, over the next five years. Nvidia and Apple have said they would spend about $500 billion each in the country over the next four years. Several analysts told the New York Post that they see the spending commitments as overtures to President Trump, whose tariffs could affect supply chains and raise costs for the technology industry.

• Computer and peripheral manufacturers benefiting from reshoring may also benefit from nearshoring, according to the Reshoring Initiative (RI). Harry Moser, founder of RI, says that if a product is so labor intensive that you can’t bring it to the US, then companies are sometimes surprised to find that wages in Mexico are far lower than in China. The average Mexican manufacturing worker earns $4 an hour, while the rate in China — where wages have been gaining 10% to 15% a year — is currently around $7, and in the US, it’s roughly $23. Products coming from Mexico end up with an average 40% US content, while in China they have 5% US content.
• Computer and peripheral manufacturing industry employment decreased slightly and wages for nonsupervisory employees increased slightly during the first two months of 2026, according to the BLS. Computer and peripheral equipment industry sales increased 24.1% year over year and 2.3% quarter over quarter over quarter during the second quarter of 2025, according to the US Census Bureau. Computer and peripheral manufactures increased prices slightly during the first two months of 2026, according to the US Bureau of Labor Statistics (BLS).