Apple's new iPhone 11 is $50 cheaper than last year's model, despite the fact that Trump's tariffs would make it more expensive for Apple to build than ever (AAPL)
Business Insider -

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. 

The tariff increases aren't said to go into effect until...

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