A new tariff plan introduced by former President Donald Trump could raise the cost of Apple’s iPhones by up to 40 percent, according to USA TODAY Money.
The plan, which proposes a 10 percent universal baseline tariff on all imports and a 60 percent tariff on goods from China, aims to reduce the U.S. trade deficit but could impact consumer prices significantly.
Trump’s sweeping tariff strategy would directly affect Apple, which assembles most of its products in China. Analysts project that a 60 percent tariff on Chinese imports could force Apple to increase iPhone prices in the U.S. market, passing on the cost to consumers to preserve margins.
Apple, which relies heavily on global supply chains, has not publicly commented on how it would respond to the proposed measures.
The 40 percent price hike estimate underscores the potential consequences of tariffs on high-demand consumer tech, raising concerns about inflation and economic volatility during an election cycle that already features rising tensions over trade and manufacturing.
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