Consumers ultimately will pay for any tariffs that are put in place, said Darpan Seth, CEO of Nextuple, which helps build and support programs to help its clients get products for consumers in stores or online. The firm's client list includes major U.S. retailers like Dick's Sporting Goods and luxury brands such as Kate Spade and Coach.

As CES winds down in Las Vegas, one cloud hanging over the desert not often mentioned in all the coverage of newly unveiled gadgets was a prediction by the show’s host of how much prices for consumer electronics could jump due to the possibility of new tariffs.