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Now, many Americans are wondering if they should buy imported goods right now,before prices rise.
This especially applies to technology, which is often manufactured or contains parts from overseas, including Apple products.
Its true that Trumps tariff blast targeted countries that manufacture iPhones, like China, India and Vietnam.
He added that while this price hike sounds extreme, Apple will likely make moves toblunt the impact.
The company could absorb part of the price increases without passing on costs to consumers, McCaskill explained.
Additionally, Apple will likely shift its assembling process out of China to countries like India and Vietnam.
While those nations also face steep tariffs, theyre still not as extreme as China.
Apple may also lobby for tariff exemptions, as it did during Trumps first term in office.
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