U.S. tariffs on goods from the Chinese mainland have spiked to 145%, with the Trump administration hoping to push Apple to produce iPhones stateside. But here's why that’s not happening anytime soon. 🚫📱
Analysts say moving production to the U.S. would force iPhone prices to triple—think $3,000 per device! 💸 Why? Apple’s supply chain is deeply rooted in Asia, with decades of infrastructure and partnerships. Restarting that ecosystem in the U.S. could take until 2028 and cost billions.
"The math just doesn’t work," says Wedbush Securities analyst Dan Ives, calling the idea a "non-starter." Apple’s stock has already dropped 15% since tariffs escalated this month, wiping $500 billion off its market value. 📉
All eyes are now on CEO Tim Cook’s May 1 earnings call. Will he address the tariff tensions? Stay tuned. 🔍
TL;DR: Complex supply chains + sky-high costs = iPhones staying made in Asia. 🇨🇳🤝🌏
Reference(s):
Why Trump's trade war can't lure Apple to make iPhones in America
cgtn.com