Should you buy an iPhone right now?

This week, Trump announced his plans to implement wide-ranging tariffs on all imports into the United States. The move sent the stock market into a free fall, with Apple among many companies down over 10% for the week. While the world prepares for the full impact of this move, here’s what I think is some straightforward advice for iPhone buyers. Trump’s tariffs On April 5, a 10% “baseline” tariff will kick in on all imports into the United States. On April 9, the tariffs that Trump has falsely labeled as “reciprocal” will kick in. This is where things get especially bleak. Imports from China, where Apple manufacturers the vast majority of iPhones and Macs, will be hit with a 54% tariff. Imports from India, which is responsible for 10-15% of iPhone assembly, will face a 27% tariff. Imports from Vietnam, where Apple makes various models of AirPods, iPad, and Apple Watch, will face a 46% tariff. If those numbers sound insane, it’s because they are insane. The math behind how Trump’s “ ... Read full article.