iPhones won’t get more expensive despite new tariffs, analyst predicts

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The trade war between China and the US is going on in full swing and President Trump is handing out tariffs like candy on Halloween. So far, some of America’s favorite products — Apple’s iPhones — have managed to avoid being hit by the barrage of new import taxes but that might change in just a few weeks.

Recently, a new 10% tariff was announced that would be imposed on about $300 billion worth of goods as soon as September 1. It’s not yet clear if Apple’s iPhones and other tech products such as the iPad and Apple Watch will be within the scope of the new tax, but stock traders were concerned …

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