Worried about a $2,300 iPhone? How US tariffs are causing tech buyers to scramble

Sabrina Ortiz/ZDNET Technology permeates nearly every dimension of our lives. Yet, much of that tech, whether the finished product or the component parts, is made overseas and shipped to the US. This is especially true for the chips and processors powering all our devices and AI advancements. As a result, the Trump administration's latest round of tariffs against international trade partners promises to impact the prices of your tech. Also: If you're planning to upgrade your phone, you might want to buy one now - here's why If you're in the market for some tech products, you're likely concerned about when the right time to buy is, when prices will increase, and how much they will increase. ZDNET scoured reporting from across the web that should help provide some clarity on your next steps. The tariff impact Because tariffs will impose higher prices on goods imported into the US, companies importing parts or devices from overseas will pay higher prices. How that trickles down to t ... Read full article.