Apple customers dash to stores to buy iPhones ahead of tariffs


Most iPhones are manufactured in China, which is in line for tariffs of 54%. — Bloomberg

NEW YORK: The Trump administration’s threat of massive new tariffs has sent Apple Inc’s share price plummeting, but it also brought a short-term benefit: customers rushing to retail stores to buy iPhones.

Employees from different Apple locations across the country said stores filled with customers over the weekend – with the shoppers expressing concerns that prices will climb dramatically after the levies are imposed.

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