Overview

• President Trump’s tariffs on imports from China, India, and Vietnam are expected to raise iPhone production costs by 43-45%, significantly impacting Apple’s supply chain.
• Apple stores in the U.S. are experiencing a surge in consumer demand, with customers rushing to purchase iPhones before the tariffs take effect on April 9, 2025.
• Analysts estimate that if Apple passes the increased costs onto consumers, iPhone prices could rise from $799 to as much as $1,500.
• Apple has taken steps to mitigate the impact, including stockpiling iPhones in March and shifting some production from China to India, though pricing adjustments remain unconfirmed.
• Market sentiment is cautiously optimistic as negotiations continue, but Apple’s stock has seen significant fluctuations, reflecting broader trade tensions.