Even with a 25% tariff, iPhones would be cheaper to make abroad than U.S., says Morgan Stanley

Even were President Donald Trump to go ahead with his threat to slap a 25% tariff on foreign-made iPhones, it would still be cheaper for Morgan Stanley to produce its iconic phone abroad than in the U.S.

May 27, 2025 - 11:31
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Even with a 25% tariff, iPhones would be cheaper to make abroad than U.S., says Morgan Stanley
Even were President Donald Trump to go ahead with his threat to slap a 25% tariff on foreign-made iPhones, it would still be cheaper for Morgan Stanley to produce its iconic phone abroad than in the U.S.