iPhones are made in special export zones, along with many other made in China products. SEZs don’t tarrif on inputs (components, raw material, factory machinery from Germany), so outputs are considered not made in China for the purpose of tariffing, even though they are technically made in China.
Apple was the first foreign company to price their computers and phones reasonably in China. Before the markup was around 50%, after Apple opened its first Apple stores in China that markup fell to 10-20%, which is about inline with tariffs.
Apple was the first foreign company to price their computers and phones reasonably in China. Before the markup was around 50%, after Apple opened its first Apple stores in China that markup fell to 10-20%, which is about inline with tariffs.