Apple weighing iPhone price hikes, wants to avoid blaming tariffs: report

TECH GIANT App is said to weigh a plan to raise prices on new iPhone devices this fall with new features that can be cited as paying high prices, instead of attributing more prices to the costs of customs tariffs.

The Wall Street Journal reported on Monday, noting that people are familiar with this issue, that Apple, which brings most of its devices in China, wants to avoid assigning high prices to customs tariffs, so it is considering ways to update devices that can be used to justify high prices.

The magazine stated that the new iPhone devices from Apple are scheduled to be released this fall, and it is expected to have changes in design and coordination, such as the Ultrathin option, according to the magazine.

This report comes after the Trump administration exploded a report that Amazon is considering showing the impact of definitions on the prices that consumers pay as “hostile political action.” In response to the report, Amazon said that the plan from the Amazon team is a field that was never “approved and will not happen.”

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Tim Cook, CEO of Apple, has moved to alleviate the impact of customs duties on the company’s supply chain by transferring the production of iPhone devices for the American market from China to India, where they will undergo low tariffs when imported to the United States

Cook noted that the iPhone devices made in India will explain most of the devices sent to the United States over the second quarter.

He also pointed out that Apple expects the current tariff policies to lead to 900 million dollars at additional costs in this quarter, with the expectation of the continuation of higher costs in the future if the tariffs are not declined.

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However, the magazine stated that the persons familiar with the Apple supply chain suggested that the company’s production lines for its most profitable and professional models in China will continue in China because the establishments in India were not yet able to support huge production on the same range in China.

Fox Business has arrived to Apple to comment.

According to what Apple you want to avoid blaming the customs tariff for high prices. (Lightrockquket/Lightrockket via Getty Images/Getty Images)

Trump says that customs duties stimulate US investment, which will harm China

The Trump administration previously created an exemption for most technical products from the president’s “mutual” policies of the president, which covered the majority of Apple products and excluded them from fees on Chinese imports that rose to 145 % before the last White House stopped the tariffs.

Despite this step, Apple products were still 20 % tariff, the Trump administration that imposed China’s punishment for its role in smuggling fentanel.

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Under the tariff announced on Monday, the United States will reduce its definitions on Chinese goods from 145 % to 30 % for 90 days, while China will reduce its fees from 125 % to 10 %.