President Trump’s aggressive new tariffs on Chinese imports could drive up the price of iPhones and other popular gadgets in the U.S. by hundreds of dollars. With 80% of U.S.-bound iPhones still made in China, Apple may be forced to either absorb the cost or pass it on to consumers — a move that could reshape global pricing, consumer habits, and the future of smartphone contracts.
In a sudden reversal, US President Donald Trump has suspended additional tariffs on 75 countries, including India, for 90 days. However, he delivered a punishing 125% tariff hike on China for retaliating. Analysts say this could be part of Trump’s broader economic chess game amid rising pressure from the US stock market and global trade dynamics.
Just days after announcing a sweeping 46% tariff on Vietnamese goods, President Donald Trump stated that Vietnam is signaling its readiness to negotiate a zero-duty trade deal. The proposed tariffs, targeting sectors like apparel and furniture, have sparked concerns over rising prices for U.S. consumers.
