‘Possible, but not probable': analysts react to rumors of a $2,300 iPhone after Trump tariffs
Donald Trump has announced sweeping tariffs on imports from major US trading partners like the EU and China Speculators have suggested that the price of the iPhone could hit $2,300 due to the tariffs We checked in with industry analysts for a balanced perspective Donald Trump has announced that the US will levy sweeping tariffs on international trade that will likely affect the tech industry – with some projections suggesting a $2,300 iPhone could be on the cards. Trump's proposed tariffs, announced on April 3, will affect imports from a long list of countries including allies like Canada and the European Union as well as major manufacturing economies like China and Vietnam. Across the tech industry, commentators and consumers are examining what this could mean for them, and as one might expect the news media and internet have lit up with speculation. According to Reuters , projections from Rosenblatt Securities suggest that the price of a “high-end” iPhone could rise to...