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Changes to the iPhone's price depend on Trump's volatile tariff policies. But don't panic-buy if it means going into debt, experts say.
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The latest order is a "clarification of exceptions" to Trump's earlier order on April 2, regarding tariffed goods imported to the United States from China. That order raised tariffs on Chinese goods to 125 percent. Those tariffs of 125 percent remain in place, but reduce the tariff on a broad swath of the PC industry, plus smartphones.
Essentially, it provides relief for PC and component buyers, which has already been plagued by high prices on computers and components.
Specifically, the order excepts several classifications of products found on the Harmonized Tariff Schedule of the United States (HTSUS), which in turn provides an esoteric textual description pf products imported to the U.S. "In Executive Order 14257, I stated that certain goods are not subject to the ad valorem rates of duty under that order," Trump's order states. "One of those excepted products is ‘semiconductors.'"
In a post on the Truth Social web site on Sunday afternoon, Trump denied that the technology industry was receiving a wholesale exemption. "There was no Tariff ‘exception' announced on Friday," Trump wrote. "These products are subject to the existing 20% Fentanyl Tariffs, and they are just moving to a different Tariff ‘bucket.'"
Trump said that the government would be "taking a l
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 If you have an older Apple device that you've been considering upgrading, you're probably wondering how the newly announced tariffs might impact prices going forward, and whether it's worth buying now before there's a price hike.
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