The company sells over 220 million units annually, primarily in the U.S., China, and Europe. Experts caution that prolonged tariffs would force industry-wide price adjustments, reshaping trade flows and consumer spending.
Economic analysts warn that former U.S. President Donald Trump’s proposed global tariffs—including a 54% levy on Chinese goods—could dramatically increase iPhone prices, with consumers potentially facing cost surges of 30-40%.
With most iPhones manufactured in China, Apple may be forced to either absorb the tariffs or pass them to buyers, risking further stock declines after shares plummeted 9.3% in a single day, their worst drop since March 2020.
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