Yes, Trump's New 25% Apple Tariff Could Drive Up iPhone Prices Even More. Should You Buy One Now?

Anyone interested in buying a new iPhone may want to consider acting sooner, rather than later. On Friday, President Donald Trump wrote on social media that Apple will be required to pay a 25% tariff on iPhones made outside of the US, a move that would almost certainly lead to higher prices.

"I have long ago informed Tim Cook of Apple that I expect their iPhone's that will be sold in the United States of America will be manufactured and built in the United States, not India, or anyplace else. If that is not the case, a Tariff of at least 25% must be paid by Apple to the US," Trump said in the post.

Trump did not clarify if this tariff would be in addition to the existing tariffs the company is paying on imports from China, India and other countries, nor did he provide a timeframe for ...