Tech analyst Dan Ives from Wedbush Securities warns that if iPhones were manufactured in the U.S., their price could rise to around $3,500 – more than three times the current cost of $1,000.

Ives explained that replicating the complex Asian supply chain in the U.S., including high-tech manufacturing plants, would be extremely costly. He also estimated it would take Apple about $30 billion and three years to move just 10% of its supply chain to the U.S.

Currently, 90% of iPhones are assembled in China, and their key components are sourced from Taiwan and South Korea. Apple's stock has fallen by 25% since Trump’s tariffs took effect, and experts predict that iPhone prices may rise even if the supply chain remains unchanged. Some analysts estimate price increases of up to 30-43%, depending on production locations.