Picture: Cult of Mac
Tariffs U.S. President Donald Trump positioned on China imports will push up the worth of three iPhone 17 sequence fashions, in accordance with an business analyst. A $50 hike is predicted.
It might be worse.
iPhone 17 value may go up
The tariff charge imposed by Trump on iPhones assembled in China and imported into the USA is at present 20%, generally known as the “fentanyl tariff.” Regardless of a broader suite of reciprocal tariffs launched underneath the Trump administration, electronics — together with smartphones like iPhones — are nonetheless topic to this baseline 20% charge.
In principle, Apple may elevate the worth of its merchandise to cowl the import tax, which might imply a $240 improve to the price of the following iPhone Professional Max model. However the hike might be decrease, if an skilled’s prediction seems to be correct.
Jefferies analyst Edison Lee reportedly expects a $50 improve in the price of the iPhone 17 Air, iPhone 17 Professional and iPhone 17 Professional Max in comparison with the iPhone 16 sequence costs. He expects the iPhone 17 itself to remain at $799.
Along with the Trump tariffs, Lee says growing prices for handset parts play a job in forcing Apple to hike its costs.
A uncommon transfer
Though Apple’s critics would seemingly accuse it of often bumping up its costs, it occurs much less often than many may notice.
The iPhone 11 Professional launched in 2019 value $999. Each successor since then got here at that very same value, together with the iPhone 16 Professional. That’s six years with no value improve. And the iPhone 14, iPhone 15 and iPhone 16 all began at $799 — so three years of value stability for that mannequin.
So a soar to the worth tags of three fashions could be most uncommon. However so are 20% tariffs imposed on Apple’s imports.
Lowering iPhone 17 value hike with the India choice
The iPhone 17 value will increase is perhaps modest as a result of practically all Apple’s handsets on the market in the USA are reportedly now assembled in India, not China. iPhones assembled in India and imported into the U.S. incur a ten% Trump tariff.
The vast majority of iPhones are nonetheless made in China, however these ship to different elements of the globe.
