Trump’s Tariff Plan Could Send iPhone Prices Through the Roof

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President Donald Trump has demanded that Apple manufacture its iPhones in the United States or face a 25% tariff. Trump expressed his displeasure with Apple's plan to manufacture iPhones in India for sale in the US during his Middle East trip. Apple has long contended that it cannot manufacture iPhones in America due to a lack of skilled engineers and higher costs. Experts believe that reshoring iPhone production to the US would significantly increase the cost of the devices.

Source: https://www.cnn.com/2025/05/23/economy/trump-threatens-tariff-apple