Trump threatens 25% tariff on iPhones
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Gene Munster says Trump's iPhone tariff could raise prices modestly, but warns markets may be underestimating its broader economic impact.
US President Donald Trump boasted “jobs and factories will come roaring back” when he unleashed unprecedented tariffs around the world during his “Liberation Day” address last month.
Tariffs, politics, and shifting priorities are unraveling the iPhone supply chain that once tied the US and China together.
On Tuesday, it was reported that Chinese shipments of Apple's iPhone and mobile devices to the US fell to their lowest since 2011 in April. The sharp drop highlights how US tariff