If 2025 is the year of anything, it is the year of the tariff. Ever since President Trump unleashed his “Liberation Day” tariffs on the world in April, consumer confidence has slumped, businesses have laid off workers, and economic uncertainty has risen sharply.

But economic uncertainty isn’t the only thing rising. Prices of consumer goods, especially those manufactured in some of the highest-tariffed countries, including China, Vietnam, and India, are up, or are likely to be before the end of the year. And that’s bad news for iPhone fans because Apple manufactures a majority of its most popular devices—or at least the components that go into them—in those countries.

Will the new iPhone 17 models that Apple is on track to debut next month cost more due to Trump’s tariffs? Unfortunately,

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