11
How the US-China Trade War Could Hike iPhone Prices

How the US-China Trade War Could Hike iPhone Prices

5 years ago
Anonymous $9jpehmcKty

https://www.wired.com/story/us-china-trade-war-hike-iphone-prices/

It's been a week since the Trump administration raised tariffs from 10 percent to 25 percent on $200 billion worth of Chinese exports, and tech companies are still grappling with the consequences. Adding to the confusion are possible US tariffs on an additional $300 billion worth of goods, and China's own retaliatory tariffs on US exports.

The existing tariffs cover a wide range of goods, but few finished consumer electronics. The next round could include laptops and smartphones, referred to as “automatic data processing machines” in the government’s proposal. But even if finished electronics get a pass, existing tariffs on computer components such as power supplies and printed circuit boards could increase costs for consumers.