On April 10th, according to CNN, industry insiders and experts in the United States stated that Trump’s tariff policies will significantly increase the prices of various goods in the United States. On April 8th, the White House announced that the United States has the capability to produce Apple phones domestically. But Dan Ives, a senior analyst at Wade Bush Securities in the United States, said that if Apple breaks away from its original supply chain system and produces iPhones in the United States, its price will be more than three times higher than before. Matt Priest, CEO of the American Footwear Wholesalers and Retailers Association, also stated that imported sports shoes previously priced at $150 are expected to increase in price to $230 after the new tariff policy takes effect; If produced domestically in the United States, its selling price may be over $300. (CCTV News)
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