China just raised tariffs on US imports from 84% to 125%. Now it's Trump's turn. What is he going to do? At these levels trading will halt altogether. The 1200$ iPhone will now cost 3000$. Trump says companies will compensate most of the tariffs. To me that statement sounds pretty stupid. Someone would have to explain to me how Apple can compensate 154%. There is no market in the US for those kind of products at that price. Americans will now probably drive across the borders to Mexico and Canada to buy the cheaper iPhones or switch to the competition. I always viewed Apple as one of the most iconic American brands. We'll see if they'll survive.