
New tariffs on imports may mean you will have to pay more for electronics soon.
iPhones have at least temporarily received partial probation for tariff hiking.
According to The Bulletin U.S. Customs and Border Protection Published Friday night. Yesterday in a White House briefing, President Donald Trump touted him to “help” Apple CEO Tim Cook on tariffs.
Trump said Sunday that items on the customs list are still subject to the top 20% “fentanyl tariffs”, with White House officials saying the probation for additional tariffs being temporary.
Trump retreated from his sweep”Reciprocal tariffs“Last week, the import tax rate was 10%. One exception is China, where Apple makes most of its products. He raised the tariffs in China to 145%, including his 20% tariffs imposed earlier this year on China in the role of allowing permission to be allowed. Fentanyl crosses the United States.
Experts say you should expect to pay more for the next one iPhone. If Apple hand over all 145% of China tariffs to customers iPhone 16 Pro Max There is a 1TB storage fee that may increase from $1,599 to over $3,900. With a 20% tariff, the same iPhone could increase to over $1,900.
According to the tariff war play, rising prices could lead many of us to rethink buying new iPhones, especially in Economic uncertainty. But Apple can offset the impact of tariffs through its services, including music, news and data plans – Supply Chain Experts Joe Hudicka.
“Apple will likely absorb some tariff costs ahead of time to keep sticker prices stable, and then gradually pass on its remaining price to consumers through service bundles, equipment life and ecosystem upgrades,” he said. “Consumers will still pay, just once.”
Apple has begun to transfer some of its manufacturing industries to other countries, including India and Vietnam. The countries were initially hit by their own “reciprocal tariffs” yesterday – Vietnam raised 46% interest rates and India rose 26% but were approved. However, they still face a 10% baseline tariff that came into effect last week.
Although experts do not expect an increase in tariffs of 1 to 1 with goods from China and other countries, you should expect an increase. However, it is not clear how much it is Influencing tariffs will actually create prices. If prices rise lead to a plunge in demand, experts say Apple and other producers can reduce Their prices remain competitive.
If you are buying a new Apple device or imported gaming system on the market, e.g. Nintendo Switch 2 or PlayStation 5 ProThis is how tariffs can raise prices and what you should prepare for.
How much can the tariffs on iPhone prices increase? We do math
If the full cost of the tariff is passed to shoppers, we can see prices for Apple products produced in China from 20% to 145% in the coming months. Apple has moved some of its production to other countries, but most iPhones are still made in China.
Here is how Trump’s current “fentanyl tariff” may affect the cost of the iPhone:
How to increase iPhone prices by tariffs?
Current Price | Fentanyl tariff (20%) | Potential price | |
---|---|---|---|
iPhone 15 (128GB) | $699 | $140 | $839 |
iPhone 15 Plus (128GB) | $799 | $160 | $959 |
iPhone 16e (128GB) | $599 | $120 | $719 |
iPhone 16 (128GB) | $799 | $160 | $959 |
iPhone 16 Plus (128GB) | $899 | $180 | $1,079 |
iPhone 16 Pro (128GB) | $999 | $200 | $1,199 |
iPhone 16 Pro Max (256GB) | $1,199 | $240 | $1,439 |
iPhone 16 Pro Max (1TB) | $1,599 | $320 | $1,919 |
However, iPhones are much more expensive than just where they are made. Apple’s products come from a wide range of countries that may face higher tariffs after a pause. Tariffs on goods do not necessarily mean that prices will rise by the same amount. If companies want to stay competitive, they can absorb some costs to keep prices down.
“In terms of tariffs, it won’t be as expensive as one-to-one,” said Ryan Reith, vice president of IDC’s global device tracker suite group. “Mathematics is not as clear as tariffs.”
Will other technical products still see prices rising?
Smartphones are not the only devices that expect price increases due to tariffs. Best Buy and Target Warns Last month consumers expect everything to be higher The latest round of tariffs Take effect. February’s tariff rate hike has prompted Acer to announce it’s Increase laptop price. Top technology brands Anker starts to raise prices Recent responses to tariffs.
Apple announces $100 price cut New MacBook Air Last month, one day after the last round of tariffs. In an attempt to persuade Trump to “exempt” the latest tariffs, Apple announced in February that it would spend more than $500 billion over the next four years Expand manufacturing operations in the United States.
“They have promised US manufacturing $500 billion without the carvings of Apple.” Patti BrennanCertified financial planner and CEO of Key Financial said in an email. “No matter how we look at it, the prices of all Apple products will rise.”
However, regardless of the exact quantity, it is expected that China and other countries will convert tariffs on goods to higher prices for consumers. This means the technology you use every day, such as imported smartphones, tablets, laptops, television and Kitchen utensilsthis year may become more expensive.
Watch the following: Buy or wait guide: How the tariffs will change technical prices and what to do next
What’s wrong with the tariffs?
Trump announced a 10% benchmark tariff on all imported goods and on April 2, which he called “liberation day.” He has long touted tariffs, even if the trade deficits and increased revenues to offset tax cuts, although many economists say tariffs could lead to higher prices and could ultimately harm the U.S. economy. Stock prices plummet The market responded badly to widespread tariffs after Trump announced the news.
Trump has taken a particularly firm stance on China, which has been subject to tariffs ordered by Trump in his first term in office. He began in February with a 20% tariff and then announced a 34% tariff on Chinese goods last week. Last week, he increased the tariff by another 50% before eventually landing on the 145% tariff on China. After each Trump announcement, China responded with its own tariffs.
On Friday, the U.S. Customs and Border Protection listed some key consumer electronics products exempt from reciprocity tariffs. But by Sunday, the Trump administration said the products would be subject to “semiconductor tariffs.”
In theory, tariffs are intended to affect other countries financially because their goods are being taxed. The tariffs are paid for importing products from U.S. companies, and this UpCharge usually (but not always) transfers it to consumers at a higher price.
Should you buy technology now to avoid tariffs later?
If you plan to buy a new iPhone, gaming console, MacBook or other technology, buy It Now Can save money.
However, if you don’t have cash on hand, you need to use it credit card or Buy now, pay later Experts say the plan is just to avoid tariffs to ensure you have the money to pay before you start generating interest. Average interest rates on credit cards are currently More than 20%this Raise the cost of large purchases Due to the tariffs, any savings you will get can be quickly eliminated before prices rise.
“If you fund this fee on a credit card and can’t repay it in full within one to two months, you may end up paying it more than the tariffs,” said Alaina Fingal, an accountant and founder of Organized Currency. CNET Funding Expert Review Committee member. “I recommend you stop at any big purchase until the economy is more stable.”
A method Save Apple productseven if the price rises, you need to buy the last year’s model instead of the latest or used version.
“Apple tends toward this situation with a certified renovation program, just like the used car model in the automotive industry,” Hudicaka said. “The program helps extend the life of the device, allowing customers in the Apple ecosystem to spend longer while distributing costs over time.”