Trump says a 25% tariff "must be paid by Apple" on iPhones not made in the US, says he told Tim Cook long ago that iPhones sold in the US must be made in the US
Well, technically, any kind of tariff added to the import is always paid by Apple, who else would pay it? Some unrelated company? A foreign country?
They will simply increase the price by an amount that will keep them making the same amount of money. The main problem is that because they like to do a round price worldwide, we European we'll pay more too, so they can make more money. Assholes
If Apple can push the price further into the thousands won't Samsung, etc follow anyway?
People thought a phone that was $1000 would never sell, Apple came out with the pro models and now here we are with the high end models all being a thousand plus.