iPhone prices could rise to $ 3,500 if they are produced in the USA

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The US President Donald Trump has explained in his speech on the "Day of Liberation" that "jobs and factories will return" while he has imposed unprecedented tariffs worldwide.

The effects of global tariffs

With these Price increases in products from clothing to electronics are largely supported by American consumers. A prominent technology analyst has warned that the price of an Apple iPhone could increase to around $ 3,500 if they are produced in the USA.

promise the government and reality of production

The President and his business advisors assure that numerous manufacturing jobs are gradually brought back to the United States due to the tariffs, making millions of Americans busy. But Dan Ives, Global Head of Technology Research at the Financial Service Service company Wedbush Securities, said in conversation with CNNS Erin Burnett that this idea is a "fictional story".

costs and challenges of production in the USA

According to Ives, iPhones manufactured in the USA could cost more than three times as much as at the moment, about $ 1,000, since it would be necessary to reproduce the highly complex production environment that currently exists in Asia. "If you build this (supply chain) in the USA with a work in West Virginia and New Jersey, it will be $ 3,500," he said, referring to the state -of -the -art production facilities in which the computer chips are usually produced, the electronic devices.

Even then, Apple would cost around $ 30 billion and three years to move only 10 % of their supply chain to the USA, IVES continued. CNN asked Apple to comment.