U.S. President Donald Trump announced a 90-day suspension of new tariffs for over 75 countries to provide a transition period for “partners” and allow for concrete negotiations with the U.S.
Additionally, existing tariffs were reduced by 10% for the same 90-day period. This temporary pause was granted to resolve various tariffs and establish new trade mechanisms.
However, this does not apply to China, as tariffs on goods from the country were raised to 125%. According to the PhoneArena portal, this increase will significantly raise iPhone prices in the U.S., as these products are manufactured in China. Naturally, this will also affect other products made in China.
In response, Apple plans to increase production in other countries, such as India, where some iPhone models, including the entire iPhone 16 series, are already being manufactured, although production in India is much smaller in scale compared to China.
Trump emphasized in his announcement that the tariff increase for China was a response to the country’s “disrespectful attitude” toward global markets. However, Trump did not acknowledge his role in the decline of global stock prices and, as usual, placed all the blame on China.