iPhone prices under pressure as Trump threatens 104% tariff on China

President Donald Trump threatened to impose an additional 50% tariff on China, on top of the existing 54%, if China does not cancel the 34% tariff recently imposed on U.S. imports. The U.S. tariffs were set in response to China’s actions, escalating tensions between the two countries over trade policies. The threat of further tariffs reflects the ongoing trade dispute between the U.S. and China, with potential economic implications for both nations.

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