Don't Buy an iPhone Until You See How Tariffs Could Double the Price. We Do the Math

President Donald Trump backed down from his sweeping "reciprocal tariffs" this week, but he upped the tax on goods from China to 125% and left the 10% tariff on other imports from other countries. 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 because they didn't retaliate with their own tariffs. The lone exception was China, where Apple produces most of its products, which has responded to each of Trump's tariff hikes this year by increasing tariffs on US products. The White House announced a 125% tariff on Wednesday, then clarified on Thursday that this is on top of the 20% tariffs imposed since February, increasing this year's tariffs on China to 145%. If Apple passed the China tariff costs on to customers, the iPhone 16 Pro Max with 1TB of storage could increase from $1,599 to nearly $3,600 -- assuming that the previously imposed 20% tariff was already incorporated into the current pr ... Read full article.