The Consumer Technology Association predicts American consumers will spend a record $537 billion on apps and gadgets in 2025, driven by increased interest in AI features. However, proposed tariffs by President-elect Trump could significantly reduce purchasing power, potentially causing a decline of $90-$143 billion. The tariffs could raise prices on key tech products, impacting sales of laptops, smartphones, and gaming consoles. Without tariffs, the consumer tech sector is expected to experience growth, aided by Gen Z's rising purchasing power.
