The Trump administrationenacteda 25 percent tariff on imported goods from Mexico and Canada on Tuesday.

Still, users planning to upgrade their electronics should consider doing so sooner rather than later.

Target also warned of rising prices following the new tariffs.

Best Buy and Target brace for price hikes as Trump’s tariffs take effect

CEO Brian CornelltoldCNBC that food prices could rise within days.

Acer has alreadyconfirmedit will raise laptop prices by 10 percent.

Mexico also confirmed plans for new tariffs without specifying further.

President Donald Trump claims the US tariffs will increase manufacturing in the US.

However, the deal might notstopincoming tariffs on Taiwanese chips.

The company couldraisewafer costs by 15 percent in response.