iPhone won’t face Trump tariff price hike for now following exemption

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Apple and its customers can breathe a sigh of relief today after the White House carved tariff exemptions for smartphones, laptops, and more. The iPhone maker was facing a 145% fee on products imported into the United States from China. This caused weeks of speculation that the iPhone and other electronics could be subject to price hikes to cover the cost.

Bloomberg reported on the tariff exemption policy development:

The exclusions, published late Friday by US Customs and Border…



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iPhone won’t face Trump tariff price hike for now following exemption


Apple and its customers can breathe a sigh of relief today after the White House carved tariff exemptions for smartphones, laptops, and more. The iPhone maker was facing a 145% fee on products imported into the United States from China. This caused weeks of speculation that the iPhone and other electronics could be subject to price hikes to cover the cost.

Bloomberg reported on the tariff exemption policy development:

The exclusions, published late Friday by US Customs and Border…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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