With US iPhones currently made in China, there has been much concern about the escalating trade war between the two countries. The worst-case scenario would be a 25% tariff on iPhones entering the US, which would either push up prices, hurt Apple’s bottom line, or both.
But Foxconn has said that the iPhone would be able to escape this fate, as the assembler has enough capacity in other countries to supply all US iPhones …
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