Apple and the iPhone Near Trade Crosshairs Again

Renewed trade tensions between the US and China threaten to throw Apple back into the global trade battle, putting its iPhone business at risk just as the tech giant appeared to be shoring up declining sales of its most important product. The round of tariff increases that hit May 10 don’t directly affect iPhones, iPads, Macs or Apple Watches. But President Donald Trump recently threatened a tariff of 25% on $325 billion in Chinese imports that haven’t previously been targeted by duties. Those would cover virtually all Chinese exports to the US, including Apple’s most important devices.