Trump Threatens 25% Tariffs on Apple If iPhones Not Made in US

[Wiz Imp]

7. Beyond idiotic...

https://www.cnbc.com/2025/04/11/heres-how-much-a-made-in-the-usa-iphone-would-cost.html

As it’s largely a theoretical exercise, there’s a broad range of guesses as to how much an all-American iPhone might cost.

Bank of America Securities analyst Wamsi Mohan said in a note Thursday that the iPhone 16 Pro, which is currently priced at $1,199, could increase 25% based on labor costs alone. That would make it a roughly $1,500 device.

Wedbush’s Dan Ives pegged a U.S. iPhone’s price at $3,500 shortly after Trump’s April 2 tariff announcement, estimating that Apple would need to spend $30 billion over three years to move 10% of its supply chain to the U.S.

So, a US made iphone could easily cost $1000 or more above the current cost of the phones. In addition, Apple would need to spend at least $30 billion to move just 10% of their manufacturing to the US and that would take at least 3 years to accomplish. What does he think this threat is going to accomplish? Moving manufacturing to the US couldn't be accomplished until Trump is out of office, and the result of moving that manufacturing is Americans would have to pay a significantly higher price for their iphones. It's totally insane.