The world’s most popular gadgets – phones, laptops, tablets, smartwatches – could be about to get a lot more expensive in the US. Many of them are made in China, which now faces a 125% tariff on its goods imported to the US, under President Donald Trump’s controversial trade policy.
The effect this may have on the iPhone and its maker Apple is under the spotlight – with some analysts saying if costs are passed onto consumers, iPhone prices in the US could rise by hundreds of dollars.
And if the tariffs impact the value of the dollar, it could become more expensive to import iPhones and other devices around the world – potentially leading to higher prices in UK shops.
The US is a major market for iPhones and Apple accounted for more than half of its smartphones sales last year, according to Counterpoint Research. It says as much as 80% of Apple’s iPhones intended for US sale are made in China, with the remaining 20% made in India.
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