If you’ve been eyeing that shiny new laptop, phone, or TV, now might be the time to hit “buy” before prices go up. Here’s why: President Donald Trump recently hinted at a possible 10% tariff on all Chinese goods, which could kick in as early as February 1.

While trade deals with Mexico and Canada have kept tariffs on their exports to the U.S. relatively low, Chinese goods haven’t been so lucky. Many of them already face hefty tariffs—think 100% on electric vehicles and 25% on steel and aluminum. But one big exception has been consumer electronics. If this new tariff goes through, that exemption disappears.

And that’s a big deal, because electronics are some of the top items the U.S. imports from China. Last year, $47 billion worth of communications equipment—like phones, TVs, and satellites—came from China, making it the largest import category. Computers and accessories, including laptops and monitors, came in second at $39 billion. Even items like toys, jewelry, and sporting gear (valued at $37 billion) could see price hikes.

So, when might you feel the pinch? Even if the tariff takes effect in February, it could take a while for prices to rise. Some retailers might eat the extra costs, especially if they’ve stocked up in advance. But others could pass the increase on to consumers right away.

Bottom line? If you’ve been putting off that tech upgrade, now might be the moment to make your move.