Donald trump articles

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Trump's dream of a US-made iPhone clashes with Apple's manufacturing reality

A $2,300 iPhone?
In context: President Trump's 104% tariff on goods imported from China is now in effect. It will have an enormous impact on many US firms, especially Apple, which relies heavily on China to manufacture its iPhones. Trump believes the solution is to start making the handsets in the US, but that would be nearly impossible, especially in the short term. And even if it were, iPhones would likely become much more expensive.
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Nintendo defends Switch 2 pricing amid tariff concerns and gamer backlash

Newly announced tariffs were not a factor in console's final US price
Facepalm: Nintendo would much prefer the focus to be on the many technological improvements introduced with the Switch 2. However, most gamers are now more interested in discussing how much the new console – and its compatible games – will cost compared to the previous generation.
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Best Buy and Target brace for price hikes as Trump's tariffs take effect

Trump administration enacts 25 percent tariffs on Mexico and Canada, increases anti-China tariffs to 20 percent
The big picture: President Trump's long-feared tariffs on Mexican, Canadian, and Chinese imports have finally arrived. As retaliatory tariffs from the affected countries launch a trade war that could severely slow the global economy, retail executives warn consumers to expect price hikes.