US President Donald Trump’s call to migrate Apple’s assembly line back to the States will impact prices of iPhones, with likely increase of up to 20%, according to Bank of America Merrill Lynch. Apple had last week filed an objection to over US$200 billion tariffs the Trump’s administration is mulling on imposing on China, saying that the move would raise the cost of Apple’s products. This prompted the US President to call for the company to make its products in …

US Assembled iPhone May See Prices Up By 20% appeared first on China Money Network.