Could the iPhone's Price Double With Trump's New 125% Tariff? We Do the Math

US President Donald Trump pressed pause on "reciprocal tariffs" today, but he upped the levy on goods from China to 125% in the latest escalation of the two countries' trade war. Experts say you should expect to pay more for your next iPhone. Trump announced the 90-day pause on his social media platform for all countries except China because "these countries have not, at my strong suggestion, retaliated in any way, shape or form." China, where Apple produces most of its products, has responded to each of Trump's tariff hikes this year by increasing tariffs on US products. "Trump is playing hardball with China, which is unsettling on many levels," Patti Brennan, certified financial planner and CEO of Key Financial, said in an email. "As for Apple, expect the prices to double for their products." Apple has started to move some of its manufacturing to other countries, including India and Vietnam. Those countries were supposed to be hit with their own tariffs today -- Vietnam with a 46% ... Read full article.