Recent announcements regarding smartphone tariffs are set to significantly affect the prices of various mobile devices in the United States. Initially aimed at Apple, these tariffs are now confirmed to apply to other brands, notably resulting in a staggering 30-40% price increase on Samsung Galaxy smartphones.
Last week, President Trump declared that Apple iPhones manufactured abroad and sold in the U.S. would be subjected to a 25% tariff. This announcement was later expanded to include Samsung and any other companies selling smartphones in the American market. As the deadline approaches, expected to be “sometime towards the end of June,” reports are emerging that estimate the tariff’s financial impact on consumers.
A report from the Korean outlet FNNews, referenced by @Jukanlosreve, indicates that Samsung Galaxy devices could experience a price surge of approximately 30-40% due to the impending tariffs. The report emphasizes that "an emergency has been declared," highlighting the urgent nature of these developments. This surge in prices could lead to higher costs for consumers, especially if the tariffs are implemented as projected.
If these tariffs take effect, Samsung will have no alternative but to comply, as the company currently lacks the capacity to produce its devices in the U.S. Most of Samsung’s production occurs in Vietnam and other regions, making compliance a necessity.
The timing of these tariffs coincides with the imminent release of the Galaxy Z Fold 7 and Galaxy Z Flip 7. North America represents the largest market for premium smartphones, and the introduction of tariffs could make Samsung's already high-priced foldable devices even more expensive. For instance, if the tariffs are enacted, the price of the Galaxy Z Fold 7 could rise to $2,500, based on the lower-end projection of a 30% increase from its predecessor’s pricing.
While the prospect of these tariffs is concerning, it’s important to note that previous tariffs have been paused or reduced. Thus, there remains a possibility—arguably a likelihood—that similar outcomes could occur this time around, potentially mitigating the impact on smartphone prices.
In related news, Samsung's Galaxy Watch 8 Classic has surfaced with updated renders showcasing its squarish design and rotating bezel. Additionally, Samsung has posted an updated schedule for One UI 7, promising more Galaxy devices to be released in June. Exciting developments continue with the Galaxy Z Fold 7, which has surfaced in a hands-on leak, revealing its much wider design.
