
Your Next iPhone Could Cost $2,300—But Oil Prices Might Stay Stuck
President Trump’s sweeping new tariffs are sending shockwaves through global markets, sparking concerns across industries—from tech to energy. Announced Wednesday, the new tariff package imposes a minimum 10% duty on all U.S. imports and much higher rates for countries with significant trade surpluses with the United States. China, facing a 54% tariff, is expected to be among the hardest hit. Apple could feel the impact more than most. Analysts estimate that if the company passes the full cost of tariffs on to consumers, the price of…
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