How much would it cost Apple to make iPhones in America? Bank of America tried to find out

Trump announced a 90-day pause on tariffs for most countries but plans to escalate the trade war with China by imposing 125% tariffs on Chinese goods, including iPhones. Bank of America estimates that moving iPhone assembly to the U.S. would increase prices by 25% based on labor costs alone, with a possible 90% increase if tariffs are applied to imported parts. Analysts predict a 40-50% price increase for electronics and an overall tech earnings drop of at least 15%, potentially causing significant economic consequences.

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