How Trump's Tariffs Could Affect iPhone Prices and US Manufacturing Plans
Trump's upcoming tariff hike on Chinese goods could raise iPhone prices, but experts predict no immediate changes.
Matilda
How Trump's Tariffs Could Affect iPhone Prices and US Manufacturing Plans
As President Trump's 34 percent tariff on Chinese imports looms, it’s hard to ignore the potential impact on major tech companies, especially Apple. Set to take effect on April 9th, this tariff increase will complicate the already intricate pricing structures of devices like the iPhone. As consumers, we often rely on carrier deals and installment plans to purchase our phones, so the exact cost can be a bit murky. But will Apple pass the tariff’s cost directly onto customers, and what does it mean for iPhone production in the US? Image:Google While it’s easy to assume that Apple will simply raise prices to absorb the cost of these tariffs, experts like Gerrit Schneemann, Senior Analyst at Counterpoint Research, aren’t convinced we’ll see an immediate price hike. Schneemann points out that Apple’s historical profit margins—typically around 38 percent—could offer the company some leeway to absorb additional costs in the short term. However, this buffer might not last long. “I don’t fore…
