Apple reportedly stockpiled inventory in the United States before the Trump tariffs to avoid price increases specifically on electronics.
The new import taxes imposed by Trump include high rates for major manufacturing countries where Apple products are assembled, such as China, India, and Vietnam.
Experts estimate that the cost to produce each iPhone 16 Pro might rise by $270 due to the additional taxes, potentially affecting the profitability of Apple.
Trump's suggestion to manufacture iPhones in the United States would come with increased assembly labor costs, adding further expenses for Apple.