Trump, iPhone and tariff
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7hon MSN
The iPhone maker faced its biggest one-day drop in five years as investors panicked over Donald Trump's heavy tariffs on its supply chain hubs.
Apple products could increase dramatically in price because of Trump tariffs, experts say - Most companies, including Apple, are yet to give clear information on what tariffs might mean for prices or
President Donald Trump imposed 20% tariffs on China after taking office in January. Under a sweeping new plan aimed at stimulating U.S. manufacturing announced Wednesday, he added another 34% in reciprocal tariffs, bringing the total to 54%.
President Trump's announcement of tariffs and retaliatory measures by China has seen Apple's shares drop to their lowest point since June 2024, as investors predict rising iPhone prices and falling sales.
President Trump's new tariffs on imports from China, India, and Vietnam may increase the costs of future iPhones. These tariffs impact Apple's production hubs significantly. It remains uncertain whether Apple will absorb the costs or pass them to consumers.
Don’t expect a “designed in California, assembled in the US” iPhone anytime soon.
Apple iPhone prices could soar to £2,700 due to Trump's tariffs, says analyst - Apple faces a tough choice: absorb the costs and risk growth or pass them on to consumers with eye-watering price hikes
US President Donald Trump’s sweeping tariffs on Apple’s biggest production and supplier hubs in Asia, including China, India and Vietnam, could hurt the tech giant. The iPhone maker is already feeling the sting after it lost nearly $300 billion in market value following the White House’s announcement.
Yahoo Finance will chronicle the latest news and updates on Trump's tariffs — from the threats to the eventual policy.