‘The situation is so fluid, I feel like I have to check my phone right now’ – Samsung exec on the impact of US tariffs on the mobile business



This week, Samsung is boldly unveiling some of its most remarkable folding phones ever. They’re thinner, lighter, smarter, and, yes, more expensive. In the US, at least, that trend may continue in more dramatic fashion if President Trump moves forward with his 25% tariff on goods produced in South Korea.

Perhaps you didn’t realize that despite its ubiquity in the US, Samsung is based and operated out of South Korea. Like many global tech companies, it manufactures products at its home base, as well as in Vietnam, India, and Taiwan. In the US, President Donald Trump is trying to drag manufacturing back to the US shores and doing so mostly through the coercion of tariffs, which are basically taxes applied to all goods shipped into the US. It’s a cost that some worry will eventually be passed along to the consumer.



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