Overview
- President Trump has threatened a 25% tariff on iPhones sold in the US that are manufactured outside the country, with Apple relying heavily on production in India.
- Apple is unlikely to shift iPhone manufacturing to the US due to significantly higher production costs, which could push the price of domestically made iPhones above $2,000.
- Analysts predict that the proposed tariffs will likely result in price increases for the upcoming iPhone 17 series, with Apple expected to pass on the additional costs to consumers.
- Samsung may also face similar tariffs on its Galaxy S26 series, potentially leading to price hikes for its US customers as well.
- Apple has already paid $900 million in tariffs for the June quarter, further highlighting the financial strain of ongoing trade tensions.