Apple may hike prices of the refreshed iPhone 17 series this fall as it faces rising costs from tariffs and global supply chain changes.
Tarrifs RSS
The United States and China agreed on a temporary 90-day trade war ceasefire with a new tariff rate.
Framework is the latest company to react to the Trump tariffs, pausing sales of some laptops in the US.
Samsung's exports to the US will also be subject to various tariffs that could significantly increase Galaxy phone prices for American consumers.
Apple, which relies on China, India, and other regions, might have circumvented the heavy tariffs imposed by the US government.
The Trump administration's heavy new tariffs on imports from China could significantly increase the price of iPhones for American customers.
Things are looking to get even more difficult for Huawei as the U.S. government is planning on putting more restrictions on companies that are still supplying components to the Chinese company.
As per US President Trump's statement at the G20 summit, Huawei will now be allowed to purchase from US tech companies. This news comes following the effective US ban on Huawei over a month ago.