Business Standard

Trump's trade war may be futile as China only makes approx $8.46 per iPhone

iPhone imports look like a big loss to the US, at least to the president, who argues that China has been taking out $500 billion a year out of US country and rebuilding China

Apple, iPhone X, iPhones
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Jason Dedrick, Greg Linden and Kenneth L. Kraemer | The Conversation
The Trump administration’s tariffs on China have so far targeted mostly industrial goods like aircraft engines and gas compressors. But the administration has also threatened to slap tariffs on US $200 billion in other goods if the dispute continues.
No list of all the goods that might be subject to tariffs has been released, but it would have to include consumer electronics, such as smartphones, which is the largest single product category in China’s exports to the US.
One well-known product that might be affected is Apple’s iPhone, which is assembled in China. When an iPhone arrives in

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