Prices are likely to go up, even if the exact amount is unclear. But don't panic-buy if it means going into debt, experts say.

Phones are expensive, and with tariffs on goods from China hitting 145% at the time of writing, this may have some people worried. Especially those of you that were waiting for expensive devices like the iPhone 17 , considering Apple still makes the vast majority of iPhones in China.

Apple CEO Tim Cook spoke with U.S. Commerce Secretary Howard Lutnick last week about the potential impact of President Donald Trump's tariffs on iPhone prices, the Washington Post reported on Thursday,