Get ready to pay more than $2,000 for a new iPhone: Experts say Trump’s 125% tariff on China is a ‘complete disaster for Apple’ akin to ‘Armageddon’

Quick Summary:

Trump's 125% tariff on China could soon make the latest iPhone unattainable for most Americans, experts warn.

However, this relief may just be temporary for companies that rely on the exchange of goods between the U.S.and its third-largest trading partner, China.

For investors in companies like Apple who might be celebrating a temporary stock price jump (in just minutes, $AAPL increased by double digits), the rollercoaster is just getting started.

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Article Details

Author / Journalist: Preston Fore

Category: EconomyBusiness

Markets: United StatesChina

Topics: Tariffs and trade India Technology Apple iPhone Consumer goods Tariffs Apple Donald Trump Smartphones and mobile devices

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-10 @ 11:07:00 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 591 words

Reading Time: 4 minutes read

Sentences: 4 lines

Sentence Length: 148 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 27772214

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Official Website: fortune.com

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