What An iPhone Could Cost In Trump's U.S.

Businesses and policymakers are bracing for what could happen under President-elect Donald Trump's trade agenda. Trump has promised to slap a tax on Chinese goods, possibly as high as 45 percent; he also has said that he will reinvigorate U.S. manufacturing by bringing it home. What would this mean for the goods we buy? To understand the impact of these proposals, let's look at how they'd affect one of the most popular companies on Earth: Apple.