iPhone and other smartphone imports from China hit lowest level since 2011

Share via:


Customs data reveals that the import of iPhones and other smartphones into the US from China slumped to their lowest level since 2011.

While the more extreme tariffs have been “paused,” a 20% tariff imposed in March remains in place, and that’s believed to be behind a $1.8B fall in the value of smartphones being moved from China to the US …

20% tariffs on iPhones

At his most extreme, Trump announced tariffs of 145% on goods imported from China. He was later talked down,…



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.

Popular

More Like this

iPhone and other smartphone imports from China hit lowest level since 2011


Customs data reveals that the import of iPhones and other smartphones into the US from China slumped to their lowest level since 2011.

While the more extreme tariffs have been “paused,” a 20% tariff imposed in March remains in place, and that’s believed to be behind a $1.8B fall in the value of smartphones being moved from China to the US …

20% tariffs on iPhones

At his most extreme, Trump announced tariffs of 145% on goods imported from China. He was later talked down,…



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.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

SC says Flipkart known for creating monopolies, appoints amicus

The Supreme Court on Tuesday said e-commerce major...

Why Are Agent Protocols Like MCP and A2A Needed?

The topic of AI agents is rapidly evolving....

Hong Kong requires stablecoin issuers to get license

The legislation, passed by the Legislative Council on...

Popular

Upcoming Events

Wyden: AT&T, T-Mobile, and Verizon weren’t notifying senators of...

Sen. Ron Wyden sent a letter to fellow...

OpenAI to acquire AI startup io from Jony Ive...

OpenAI is set to acquire io, an AI...

TCS bags Rs 2,900 crore add-on network infra order...

Tata Consultancy Services (TCS) has secured a Rs...
dsa