Samsung Galaxy phones may get up to 40% costlier in the US if tariffs are imposed: Report

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Samsung Galaxy smartphones could see a steep price hike in the US, with estimates suggesting an increase of up to 30- 40%, if proposed tariffs on foreign-made phones come into effect.

The development follows a statement by US president Donald Trump, who confirmed that a 25% tariff would apply to all smartphones manufactured abroad and sold in the American market, not just Apple devices as initially implied. “It would be also Samsung and anybody that makes that product, otherwise it wouldn’t be fair,” Trump told reporters. “When they build their…



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Samsung Galaxy phones may get up to 40% costlier in the US if tariffs are imposed: Report


Samsung Galaxy smartphones could see a steep price hike in the US, with estimates suggesting an increase of up to 30- 40%, if proposed tariffs on foreign-made phones come into effect.

The development follows a statement by US president Donald Trump, who confirmed that a 25% tariff would apply to all smartphones manufactured abroad and sold in the American market, not just Apple devices as initially implied. “It would be also Samsung and anybody that makes that product, otherwise it wouldn’t be fair,” Trump told reporters. “When they build their…



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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