Here’s the iPhone. Here’s the iPhone With Tariffs. - WSJ (via John Gruber):

This is what Apple pays for components inside its bestselling phone, and how [the] China tariffs could raise the bill

Heh, when I buy a new Apple product it ships direct from China. Presumably ditto for anyone else not in the US. I guess the tariffs will only affect Americans.

@Miraz I wondered about this. I could actually see this harming American manufacturing as exporting would be better if it never enters the states.

@ChrisJWilson yup - the grey market and the associated ‘smuggling’ for many goods is already being discussed.