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Trump backs down on tariffs as iPhone supply fears ease

Original: With nine of ten of the roughly million iPhones shipped daily - with a thousand components in each - coming from disaste

Donald Trump has stepped back from the extreme tariffs that threatened to disrupt electronics supplies, Carl Bildt noted. Roughly a million iPhones ship daily, nine in ten of them from China, each containing around a thousand components, and most laptops and home electronics also come from there. The turnaround eases fears of a looming disaster for global tech supply chains and consumers facing price spikes.

Why now: Fresh relief that tariff policy shifted away from a scenario that would have hit electronics supply chains hard.

Donald TrumpAppleiPhoneChinaCarl Bildt

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