Trump tariffs could drop iPhone sales 20%

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iPhone 11R and 11 Max on wooden railing
Demand for the iPhone 11 could drop significantly if Apple raises its cost to offset new import taxes imposed by Pres. Trump.
Photo: Ian Fuchs/Cult of Mac

No matter what President Trump keeps insisting, his upcoming tariffs on all Apple products will be paid for either by the company or by Americans who buy iPhones, iPads and Macs.

A market-analysis firm warns that If Apple chooses to pass the cost of these import taxes onto its customers, sales of iPhone could drop 20%.

Trump ‘concerned’ about French law targeting Apple and other tech giants

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Donald Trump and Tim Cook
Trump is worried French tax law could hurt tech giants including Apple.
Photo: White House

President Donald Trump is stepping up to defend Apple. Well, kind of.

The president ordered an investigation into France’s planned tax on big tech companies like Apple, Alphabet, Facebook and Amazon. The Office of the United States Trade Representative said the tax “unfairly targets” American companies.

Update 1: France passed the tax Thursday, according to Agence France-Presse: “The legislation — dubbed the GAFA tax in an acronym for Google, Apple, Facebook and Amazon — was passed by a simple show of hands in the Senate upper house after it was agreed by the National Assembly lower chamber earlier this month.”

Apple warns U.S. tariffs would hurt its global competitiveness

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Apple is not about to raise a white flag and give up on China.
Tim Cook was in China this week.
Photo: Fredrik Rubensson/Flickr CC

Apple warned U.S. trade representatives this week that President Donald Trump’s plan to impose more tariffs on Chinese goods will negatively impact its contributions to the U.S. economy.

In a letter written to U.S. trade representative Robert Lighthizer, Apple urged the government not to impose tariffs. The new set of tariffs would make Apple’s products more expensive and give Apple’s competitors an advantage.

FCC wants to ban China Mobile from US

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FCC chairman Ajit Pai isn’t down with China Mobile coming to the United States.
FCC chairman Ajit Pai isn’t down with China Mobile coming to the United States.
Photo: Gage Skidmore/Flickr CC

The largest mobile phone network operator in the world will likely be banned from doing business in the USA.

China Mobile, which has over 900 million subscribers in mainland China, has been blocked from offering services in the United States, according to the latest proposal by the Federal Communications Commission.

iPhone suppliers could leave China if trade tariff hits 25%

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iphone XS
Apple will look to avoid iPhone import levies above 10%.
Photo: Apple

iPhone suppliers will reportedly consider moving away from China is U.S. trade tariffs hit 25 percent.

Sources say they will remain even if the U.S. introduces a 10 percent tax on smartphones, but they could be forced to “reassess the situation” should the Trump administration impose a higher rate on imported goods.

iPhone production could head to Vietnam to avoid U.S. trade tariffs

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iPhone XS box gold
Jeff Li and friends cashed in more than $1.1 million from the scam.
Photo: Ste Smith/Cult of Mac

iPhone assembly partner Foxconn is considering the possibility of opening a new facility in Vietnam in an effort to avoid U.S. trade tariffs.

The factory would focus specifically on iPhone production, according to a new report. Vietnam Chamber of Commerce and Industry Vu Tien Loc says talks with Foxconn are underway.

Apple stock falls after Trump threatens iPhone tariffs

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Big pile of cash underneath an Apple logo.
Apple has experienced a run of bad luck lately.
Photo: Ste Smith/Cult of Mac

Apple stock slid 1.9 percent in pre-market trading today, after President Donald Trump laid out plans for new tariffs to be placed on the iPhone.

Overall, AAPL is trading down 20 percent this month. This latest blow comes after six weeks of declines for Apple, which became the first publicly traded U.S. company to pass a $1 trillion valuation earlier this year.

Trump’s iPhone could be a threat to national security

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Trump
Trump's tax changes have been great for Apple.
Photo: Bloomberg

President Donald Trump has a serious iPhone problem, and it could be huge issue for U.S. national security.

Despite being warned by security advisers, Trump continues to use an unsecured iPhone to talk with friends, colleagues and business partners — and China and Russia could be listening in on his calls.

See Turks smash iPhones to protest Trump’s tariffs

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turkey protests
One protester tossed their iPhone X into a box of matches.
Photo: Twitter

iPhone owners in Turkey are taking to the streets to smash their iPhones in protest against the country’s strained relationship with the United States.

President Recep Tayyip Erdogan called on Turks to boycott U.S. products — specifically the iPhone made by Apple in California. Multiple videos have been posted online showing iPhone owners using hammers, rocks and even fire to destroy their iPhones.

Watch one of the demonstrators greet some iPhones with a sledgehammer!

Trump praises Apple at groundbreaking for Foxconn’s U.S. plant

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Donald Trump speaks to supporters at an immigration policy speech at the Phoenix Convention Center in Arizona.
At a groundbreaking ceremony for the Wisconsin Foxconn plant, President Trump applauded Apple's contribution to the U.S.
Photo: Gage Skidmore/Flickr CC

A groundbreaking ceremony today for a huge Foxconn plant was attended by President Trump. Foxconn is best known for assembling the iPhone, but this plant in the Midwest will produce LCD screens.

Although Apple isn’t directly involved with the production facility, the president still used his speech this morning to applaud the iPhone maker.