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Apple has narrowly avoided a 15% tariff on the iPhone after Trump’s trade deal with China

December 13, 2019


Apple has escaped a 15% tariff on its flagship products including the iPhone, iPad and MacBook range after US President Donald Trump rubber-stamped a deal to postpone tariffs with China on Thursday.

Trump’s approval of the deal meant that tariffs set to go into effect on Sunday – which would likely have raised the sale prices of Apple products – will no longer be applied.

On Thursday, prominent Apple analyst Daniel Ives told Business Insider the tariffs threatened to increase iPhone prices between $120 and $150. That, Ives said, would have lowered demand for the devices by 6% to 8%

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