Everyday things like iPhone become more expensive with tariff

Tariffs are a good thing if you don’t need an IPhone or buy new shoes. In fact, if you don’t eat ginger beef or Peking duck from China, tariffs won’t matter.

Example 1: iPhone

Let’s say $Apple(AAPL)$ makes part of the iPhone in China. If it costs $500 to produce and bring it to the U.S.:

•Without a tariff: Apple pays $500

•With a 30% tariff: Apple pays $500 + $150 = $650

Apple won’t want to lose profit, so they’ll raise the price for you. That same iPhone that used to cost $1,000 might now cost $1,150 or more.

Example 2: Shoes

Imagine a pair of shoes made in China costs $50 to import.

•Without a tariff: The company pays $50

•With a 30% tariff: They pay $50 + $15 = $65

To keep their profits, the store might raise the price from $100 to $115 or $120.

Summary:

When there’s a 30% tariff:

•Companies importing goods from China pay more

•They pass that cost to you by raising prices

•Everyday things — like phones, clothes, shoes, even furniture — become more expensive for American families

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