04/16/2025

If Built in the U.S., iPhones Could Triple in Price

The breadth of tariffs are attempts to move jobs back to the U.S.

President Donald Trump has boasted "jobs and factories will come roaring back" as he unleashed unprecedented tariffs around the world during his “Liberation Day” address.

With his sweeping global tariffs now in effect, steep price hikes on products ranging from clothing to electronics could largely be borne by American consumers. Now, a prominent tech analyst has warned that the price of an Apple iPhone could soar to around $3,500 if they were made in the US.

The president and his economic officials have promised that, as a result of the tariffs, numerous manufacturing jobs will eventually be "re-shored" to U.S., employing millions of Americans.

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