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63°
Thursday, jun 4
Tag:
Smartphones
Business
Apple Could Be Raising iPhone Prices Soon, Report Says
Apple is considering a price increase for its new iPhone models scheduled for release this fall, according to a brand-new report. The price hike would coincide with anticipated enhancements in features and design modifications, The Wall Street Journal reports. Sources familiar with the matter indicate that the technology giant is strategically evaluating this move to ensure it aligns with the launch of new, ultra-thin designs, The Journal reported. The company is distancing itself from any direct association between the potential price hikes and the ongoing US tariffs on Chinese imports, …
Business
Here's What’s About To Cost More As Trump's China Tariffs Target Popular US Imports
Smartphones, shoes, toys, and cookware are just a few of the Chinese-made goods that could soon cost more as the Trump administration ramps up its trade war with China. A new Washington Post analysis highlights the impact of rising tariffs on consumer products widely used across the United States. China is the second-largest exporter of goods to the US, shipping nearly $439 billion in products last year. That includes a wide range of items found in everyday homes—many of which are now directly in the tariff crosshairs. Among the top targets: Smartphones ($41.3B in imports), …
Politics
Trump Administration Exempts These Electronics From Tariffs
In a reversal that could impact some of the world’s biggest tech brands, President Trump has carved out key electronics from his sweeping new reciprocal tariffs. Click here for a new, updated story - Trump Now Says There Will Be 'No Exceptions' On Tariffs For iPhones, Other Chinese Electronics Smartphones, laptops, memory chips, and other consumer electronics will be exempt from the latest round of tariffs targeting Chinese imports — easing fears of a sudden jump in prices on popular tech products. According to new guidance released on Friday, April 11 by US Customs and Border…
Business
Brace For Higher Prices: Here’s What's Expected To Cost More Due To Trump’s Tariffs
As President Donald Trump embarks on a sweeping worldwide trade war, American consumers are bracing for a significant financial impact that is expected to go well beyond sinking stocks. The administration’s newly announced tariffs, set to take effect almost immediately, will raise prices on a broad spectrum of goods, leaving households to wonder just how much more they will pay at the register. The impending tariffs are expected to affect nearly all imports, with a minimum 10 percent increase on goods from various countries. However, the most substantial hikes will target products fr…