📱 iPhone tariff: About 60% of Americans use an iPhone, so we’re talking big money. Trump just threatened a 25% tariff on iPhones not made in the U.S. He says Tim Cook’s too cozy with India and Apple’s been Asia-based for decades. Its factories are basically tech cities. Wall Street winced; Apple stock dipped 3.9%.
2,700
That’s how many parts are inside an iPhone, sourced from 28 countries. Less than 5% are made in the U.S., and most of the rest come from Asia. Only 30 out of 187 suppliers have no presence in China. “Designed in California” is different when the screws are from four continents.