How worried should US people be about "tariffs"? Should I invest in upgrading my equipment ASAP?
Basically title. I'm a digital artist in the USA and not rich by any stretch. In fact, somewhat in debt. (Aren't we all.)
I also try really hard to not be a mindless consumer. I use old equipment as long as I can, repair, refurbish, etc...
All this talk of upcoming tariffs has me worried that, rather than being able to get a day-job at newly opened US manufacturing for electronics or something, I'll instead be paying +60% more on like everything.
I know tech is a depreciating asset, but should I try to upgrade now to hold out for the next ~5 years or so?
I was considering hunting down a motherboard/cpu/RAM combo for instance.
Are worries about tariffs overblown?
Trying to figure out how to prepare as best I can with my meager resources before everything just...keeps getting worse.
I am getting paid for my digital art, it's not living money though. My spouse has a more stable income that enables me to keep trying.
Thanks in advance. <3
EDIT: Thanks a ton for all the helpful replies! I'm glad I'm not being overly paranoid.
Some of you have asked for system specs so here they are for the curious:
System Specs:
OS: OpenSUSE Tumbleweed
Mobo: Z590 Aorus Elite AX
CPU: i7-10700k @ 5.1 Ghz
GPU: Nvidia RTX 3090
Mem: 32GB DDR4 (forget the speed...3000?)
I want to be clear: I don't mean to sound too panicked and I'm more than happy to be content with what I have and see my blessings for what they are.
However, as I'm trying to break into being a 3D Blender artist and gamedev professionally, I'm trying to strategize whether standards will significantly increase and leave me behind in the next 5 years or so. (Game industry, not trying to do Hollywood VFX models on my home rig or anything lol)
I don't game so much these days unfortunately. And if I do, like 5% of my library is particularly demanding. 😂
Given he put tariffs in place his prior term, good chance he actually does it again.
Things that can be done via executive order are highly likely ... Because one of his staff will draft it and he'll sign based on what they tell him it's about.