The Apple iPhone may have escaped tariffs for now, but sales are impacted by the trade war

As reported today by the BBC (via AppleInsider) the White House announced this morning that it has increased tariffs on $250 billion of products imported from China to 25% from 10%. Since Apple devices were not on the original list of affected products, the company continues to escape any direct hits from the U.S.-China trade war (more on that later). However, what happens next will decide whether U.S. consumers end up paying more for their iPhones. The president has said that he would hit another $325 billion of Chinese imports with a 25% tax if the two countries can't come to an agreement. ...

Friday, 10 May 2019 GSM ARENA GSMArena.com