Tech
Trump tariff push to make iPhones dearer for US market, labour cost may rise 13 times: Experts
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US President Donald Trump’s push on tariffs on imported iPhones will make the device expensive for Americans due to higher duty along with higher cost of production, analysts and experts said on Friday.
Neil Shah, vice president of research at market research and analysis firm Counterpoint Research, said that relocating Apple’s manufacturing ecosystem to USA in near to mid term is not only impractical but also infeasible as Apple’s supply chain is completely Asia-heavy around China, India and Vietnam.
“It’s not just about Foxconn opening a factory in…
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