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FTA: “At the 54% tariff rate, the $1,599 cost of the top-end iPhone 16 Pro Max in the United States would have surged to $2,300, calculations based on projectio
by Someone 2y ago
FTA: “At the 54% tariff rate, the $1,599 cost of the top-end iPhone 16 Pro Max in the United States would have surged to $2,300, calculations based on projections by Rosenblatt Securities show.”
Is that correct? I would think the 54% would be applied not to the sales price in the USA but to the ‘price’ of the imported ‘raw’ material.
With, in this case, Apple ‘buying’ from Apple, I know that’s hard to calculate, but Apple must internally have some way to do that.