BlockBeats News, April 5th, after U.S. President Trump announced the "equal tariff" plan, Apple's stock price experienced a heavy blow for two consecutive trading days, leading to a significant market value shrink. According to the investment bank Morgan Stanley's estimation, imposing tariffs on China will increase Apple's costs by approximately $8.5 billion annually. Reuters cited analysts as saying that if Apple fully passes on the tariff costs to consumers, the retail price of the iPhone 16 Pro Max in the U.S. will increase from the current $1599 to $2300 (approximately ¥16,750). During Trump's first term, Apple began to diversify its supply chain, but the Trump administration plans to impose high "equal tariffs" on Southeast Asian countries, which will undoubtedly severely impact Apple's supply chain. (Jinse)