S&P warning on phone prices in US: Even if it leads to some demand destruction...
S&P Global Ratings anticipates that US tariffs will lead to increased smartphone and PC prices as manufacturers pass on higher costs to consumers. Companies like Apple, heavily reliant on China's production infrastructure, are particularly vulnerable. While some companies are shifting production to countries like India and Vietnam, potential tariff increases still pose a threat to the US market.
S&P Global Ratings anticipates that US tariffs will lead to increased smartphone and PC prices as manufacturers pass on higher costs to consumers. Companies like Apple, heavily reliant on China's production infrastructure, are particularly vulnerable. While some companies are shifting production to countries like India and Vietnam, potential tariff increases still pose a threat to the US market.
