Apple's new iPhone 11 is $50 cheaper than last year's model, despite Trump's planned tariffs on Chinese imports

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Apple's new iPhone 11 is $50 cheaper than last year's model, despite Trump's planned tariffs on Chinese imports
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Trump's tariffs aren't expected to affect iPhones until December. But the new iPhone 11, which comes out this month, don't seem to take them into account.

President Donald Trump's planned 15% increase in tariffs on Chinese imports doesn't seem to have affected Apple's pricing strategy. On Tuesday, Apple announced this year's lineup of iPhone models, including pricing. At $700, the iPhone 11 is $50 less than the equivalent iPhone from last year's lineup — the $750 iPhone XR. The iPhone 11 Pro phones are the same price as the $1,000 iPhone XS and $1,100 iPhone XS Max launched in 2018.

President Donald Trump's planned 15% increase in tariffs on Chinese imports doesn't seem to have affected Apple's pricing strategy. On Tuesday, Apple announced this year's lineup of iPhone models, including pricing. At $700, the iPhone 11 is $50 less than the equivalent iPhone from last year's lineup — the $750 iPhone XR. The iPhone 11 Pro phones are the same price as the $1,000 iPhone XS and $1,100 iPhone XS Max launched in 2018.

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