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US-China trade war could make iPhones 3% more costly

Updated : May 15, 2019 01:50 PM IST

Apple's costs could soar higher if the Trump administration follows through with a plan to add an additional $325 billion in tariffs to Chinese goods.
To recoup the same profit on each iPhone sold as before, Apple would need to increase iPhone prices by a similar amount. 
US-China trade war could make iPhones 3% more costly
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