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Apple iPhone Set For Staggering Hike Amid Trumps Trade War
Price of Apple iPhone Set For Staggering Hike Amid Trumps Trade War
Apples share price plunged to such an extent it lost the crown as the worlds most valuable company to Microsoft in recent days following Donald Trumps trade war MailOnline 11 APR 2025
The price of an iPhone is set to skyrocket by hundreds of pounds due to Donald Trumps trade war, experts claim.
Most of Apples devices are made in China but the parts involved come from a staggering array of nearly 50 countries all of which have seen tariffs slapped on them by Trump.
As a result, Apples share price has fallen to such an extent it lost the crown as the worlds most valuable company to Microsoft this week. Prices of groceries, clothes and other items are set to rocket in the UK and US. The iPhone, one of Apples best-selling products, will also become more expensive, it is thought.
It is understood Mr Trump 78, wants to manufacture the devices on home soil rather than importing from Asia which experts say will only add to the chaos.