Dutch duties imposed by Donald Trump can raise the price of the iPhone 16 Pro Max from Apple in the USA by up to $ 350. – UBS analysts forecast in a Monday report, cited by CNBC.
The iPhones from the latest series 16 were presented in September 2024. It includes the iPhone 16 Plus, iPhone 16 Pro and the mentioned iPhone 16 Pro Max.
The iPhone 16 Pro Max belongs to the most expensive Apple iPhon models on the market, and its retail price in the US is currently $ 1199. (equivalent to approx. PLN 4.6 thousand). UBS provides for a price increase by 30 percent. for devices produced in China.
In turn, the iPhone 16 Pro, which costs $ 999, can increase by $ 120 if the company will produce it in India.
US duties on goods from China. Black clouds over Apple
Apple shares fell by 20 percent. within three trade days, which caused the loss of market capitalization of almost $ 640 billion. The reason is the fears that Trump's duties will force the company to raise prices when consumers lose their purchasing power. After the last declines on Tuesday, the technological giant ratings on the American stock exchange go up by 4 percent. in pre -sess trade.
“There is a lot of uncertainty as to how increased costs will be implemented with suppliers, to what extent costs can be transferred to end customers and how long the duties will apply” – wrote in the note cited by CNBC the UBS sundeep Gantori analyst.
Donald Trump put duties on China and threatens further
Apple, whose majority of production takes place in China, is one of the companies most exposed to trade war. Goods from China are from April 5 burdened with duties in the amount of 54 percent. Smaller duties were also applied to secondary production locations, such as India, Vietnam and Thailand.
JPMorgan Chase analysts have predicted last week that Apple can raise prices by 6 percent. All over the world to balance duties in the USA. The Barclays Tim Long analyst wrote that he expected Apple to raise prices, otherwise he can record up to 15 %. decrease in profit per share.
In turn, if Apple moved the production of iPhones to the United States – which most experts for supply chain consider it impossible – the iPhone could cost $ 3500. – estimates Dan Ives from Wedbush.
The trade war is gaining strength. Will there be more duties on goods from China?
The US President announced last week that an additional duty of 34 percent would be imposed on imports from China. Along with 20 % tariffs implemented this year, this means that goods from China have been burdened with duties from April 5 in the amount of 54 percent.
In addition, Donald Trump threatened on Monday that he would impose an additional, 50 % on Wednesday Customs duty for goods from China, if Beijing does not withdraw from his retaliatory duties announced on Friday.
If Trump fulfills its threat, it would mean that the basic rate for almost all goods from the PRC will amount to 104 percent.
Source: CNBC, Business Insider Polska
