Trump Tariffs Could Spike iPhone Prices To Almost $2,300 If Apple Decides To Pass On The Costs To Buyers – Apple (NASDAQ:AAPL)
President Donald Trump has enacted sweeping tariffs that could significantly increase the cost of consumer goods, including Apple Inc. AAPL iPhones. Analysts foresee a potential price surge of 30% to 40% if Apple passes these costs onto consumers. What Happened: According to a report by Reuters, most iPhones are manufactured in China, which now faces a 54% tariff. If these tariffs persist,…