The CEO of Back Market, an online marketplace for used and refurbished tech devices, says he’s witnessed the sales jump firsthand. Back Market saw its sales triple over a single week in the wake of Trump’s tariffs announcements, says Thibaud Hug de Larauze.

Hug de Larauze’s takeaway from Back Market’s boom week: More Americans could start opting for used or refurbished devices, if Trump’s tariffs raise prices on new electronics for the foreseeable future. “This is a big opportunity to change the way American people consume this stuff, because the incentive has never been as high to avoid those tariffs,” he says.

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