iPhone Price Surge
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Apple Suppliers’ Shares Plunge as Trump Pushes Cook to Make iPhones in U.S.
Former U.S. President Donald Trump’s proposal to impose 25% tariffs on iPhones made in India or elsewhere, coupled with urging Apple to shift production stateside, triggered immediate stock declines among key suppliers (up to 4.2%). Analysts warn relocating manufacturing would require 5-10 years, billions in costs, and triple iPhone prices to ~$3,500, jeopardizing Apple’s Asia-dependent supply chain efficiency. Industry experts dismiss rapid reshoring as impractical, citing Apple’s 2019 failed U.S. Mac Pro effort requiring Chinese imports. While political tensions over tech sovereignty intensify, markets doubt the feasibility of aligning “Made in America” mandates with consumer demand for affordable devices.
