Trump's tariffs, initially blocked by the court, are back in effect and will remain until June 9 with a permanent ruling anticipated after arguments are presented by both parties.
Apple and other US firms are expected to suffer financial losses due to the reinstated tariffs affecting international supply chains, with Apple projected to lose $900 million in Q2 2025.
The potential impact of the tariffs could lead to increased prices for products like the iPhone 17, making it costly not only in the US but also in global markets.
The uncertainty surrounding the situation emphasizes the need for individuals planning to upgrade their devices, like the iPhone, to prepare for potential price hikes.