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Every iPhone buyer in the world may get hit with the side-effects of President Donald Trump’s tariffs, as Apple may choose to hike prices everywhere to keep profit margins up.
Morgan Stanley says the iPhone 16 Pro would cost 35% more if it were made in the US — assuming it even could be
The new 25% tariff may only have been imposed on Apple as retribution for Tim Cook declining a Trump invitation, but it’s going to come into effect well ahead of the iPhone 17 launch. Just as AppleInsider did when the tariff was announced, Morgan Stanley has concluded that it’s in Apple’s best interests to pay the tariff rather than try to move manufacturing back to the US.
In a note to investors seen by AppleInsider, the investment firm does suggest that there could come a level of tariffs where Apple is forced to reshore to the US. That level, its analysts say, may be the 145% that Trump previously imposed on China.
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