Apple iPhone Prices May Surge Due to Trump Tariffs

Apple Inc. is bracing for a potential price hike on its iPhones due to impending tariffs set by the Trump administration. Reports indicate a surge in panic buying as consumers rush to purchase iPhones before the tariffs take effect. According to Bloomberg, the tariffs, targeting electronics from China, could significantly increase the cost of devices like the iPhone.

The Washington Post highlighted that these tariffs could affect not only Apple but also other electronics giants such as Samsung. Analysts from The Wall Street Journal noted that Apple's reliance on China for iPhone production places it in a vulnerable position as the tariffs loom.

CNBC reported that analysts predict a potential $350 price increase on iPhones in the U.S. if the tariffs are implemented as planned. This development comes amid broader economic tensions between the U.S. and China, with technology and electronics at the heart of the dispute.

• Apple
• China
• iPhone
• Trump Tariffs

Related issues news

Is Apple going to be affected by tariffs?

Apple is heavily impacted by President Trump's new tariffs, which will hit the company's supply chain in China and other countries where it manufactures products.

Are iPhones exempt from tariffs?

Apple CEO Tim Cook applied a charm offensive on Trump that eventually resulted in an exemption to 15% tariffs that its Chinese-made iPhones would have been subject to. One of the reasons Trump waived the tariff for Apple was because it had a factory in Texas that makes its Mac Pro computers.

How much will the iPhone 17 cost?

Looking ahead, the iPhone 17 series would likely see price hikes as well. The iPhone 17 Pro Max, rumored to start at $1,199, could balloon to over $1,700. And for the option with 1TB of storage, that price could jump to $2,300. Another respected technology analyst suggests that could even be a conservative estimate.

How much does it cost Apple to make an iPhone 16?

Apple's total cost of parts for the iPhone 16 Pro (256GB), for example, will go from $550 to $820, analyst Wayne Lam of TechInsights told The Wall Street Journal.

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