Hey there! Have you ever wondered how your iPhone gets made? 📱 Well, it’s not just made in one place. Apple has a supply chain that spreads across more than 50 countries and regions, involving millions of people! 🌍
Recently, there’s been some big news that might affect how Apple makes its products. The United States announced new tariffs (which are like taxes on imported goods) on products coming from countries and regions like Japan, South Korea, and the Taiwan region. This means that when Apple brings parts from these places into the U.S., it might have to pay more money. 💰
These tariffs are set at 24% for Japan, 25% for South Korea, and 32% for the Taiwan region. There’s also a combination of 34% tariffs and 20% duties for the Chinese mainland. That’s a lot! 😮
Because of these tariffs, Apple could have to pay an extra $33 billion every year! That’s like paying for billions of ice cream cones! 🍦 This extra cost could be about 26% of Apple’s earnings by 2025, according to some experts. That’s a big chunk! 🧮
So, what does this mean for us? It might affect how much Apple products cost in the future, or how Apple makes its products. It’s a big challenge, but Apple has faced challenges before. Let’s see how they handle this one! 🚀
Reference(s):
Graphics: Apple's supply chain under pressure from U.S. tariffs
cgtn.com
