What do you get when you mix sky-high tariffs with a tech-hungry nation? Panic in Silicon Valley—and possibly $2,000 iPhones.
But just before the storm hit, Trump’s administration pulled back.
Late Friday, U.S. Customs dropped a surprise exemption for electronics—including smartphones, chips, and laptops—from the sweeping 125% tariffs on Chinese imports.
Relief swept across the tech world faster than a TikTok trend.
“This is a game-changer,” said Wedbush’s Dan Ives.
“Big Tech CEOs clearly made their voices heard—this could’ve been Armageddon.”
With 90% of iPhones assembled in China, analysts warned of an $800 price jump on the Pro Max.
To stay ahead, Apple reportedly chartered flights from India, moving 1.5 million devices just in case.
A Win For Consumers?
The move isn’t just a win for consumers—it’s a signal.
As the White House pushes to bring manufacturing stateside, the exemption offers breathing room… for now.
But Trump’s message is clear: “Manufacture in America, or pay the price.”
So, will this temporary tariff truce hold?
Or is this just the eye of the storm before the trade war intensifies again?
Either way, for now, your next iPhone just became a little more affordable—and your group chat can breathe easy.
