Trump tariff push to make iPhones dearer for US market, labour cost may rise 13 times: Experts

May 23, 2025

, By The Economic Times

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US President Donald Trump’s push on tariffs on imported iPhones will make the device expensive for Americans due to higher duty along with higher cost of production, analysts and experts said on Friday.

Neil Shah, vice president of research at market research and analysis firm Counterpoint Research, said that relocating Apple’s manufacturing ecosystem to USA in near to mid term is not only impractical but also infeasible as Apple’s supply chain is completely Asia-heavy around China, India and Vietnam.

“It’s not just about Foxconn opening a factory in…

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Trump tariff push to make iPhones dearer for US market, labour cost may rise 13 times: Experts

May 23, 2025

, Published By The Economic Times

US President Donald Trump’s push on tariffs on imported iPhones will make the device expensive for Americans due to higher duty along with higher cost of production, analysts and experts said on Friday.

Neil Shah, vice president of research at market research and analysis firm Counterpoint Research, said that relocating Apple’s manufacturing ecosystem to USA in near to mid term is not only impractical but also infeasible as Apple’s supply chain is completely Asia-heavy around China, India and Vietnam.

“It’s not just about Foxconn opening a factory in…

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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Previous News

If you skipped The Studio, do yourself a favor and give it a shot

Next News

Startups Weekly: Cutting through Google I/O noise

The Economic Times

More like this

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