Dear Reader,
There's a twist to this tariff story you may not have considered yet...
Did you hear that just before Trump's tariffs took effect, Apple sent five cargo planes packed with MacBooks and iPhones from China and India to the U.S.?
That's because Apple's doing whatever it can to save the company and stop investors from dumping their stock.
The iPhone maker is now down nearly $800 billion in market value in just a few days.
And they won't stop there...
After all, it's rumored that tariffs could drive up the price of an Apple iPhone to as much as $3,500!
Do you really think Apple is going to take years to build out new factories in America and have workers from Michigan to Milwaukee installing touchscreens?
Of course not.
That's why experts like Oxford economist Carl Frey are stepping forward to warn: