What if your next iPhone cost $3,500?
That’s the kind of sticker shock analysts say could happen if Donald Trump follows through on his latest threat.
The President is demanding that Apple build iPhones in the U.S.—or face a 25% tariff.
“I told Tim Cook long ago—if you’re selling iPhones in America, they better be made in America,” Trump posted on Truth Social.
The post sent Apple’s stock tumbling and wiped out nearly $70 billion in value.
And it’s not just Apple in the crosshairs.
Trump says Samsung and any phone maker producing overseas should brace for the same treatment.
“No tariffs if you build here. Simple,” he told reporters.
What’s The Problem?
Problem is, it’s not that simple.
Most iPhones are made in China—where Apple has access to a massive, flexible manufacturing workforce.
Shifting production stateside would skyrocket costs.
Wedbush Securities estimates U.S.-made iPhones could hit a jaw-dropping $3,500.

Apple had been eyeing India to dodge China tariffs, but Trump’s not buying it.
“India can take care of themselves,” he snapped.
Sure, bringing manufacturing home sounds patriotic.