Many U.S. businesses are facing a dilemma of whether to pay more to ship from China at the current tariff rate of 30%, or wait in the hope that the Trump administration will lower the tariffs further.

At the end of the day, the brunt of the tariffs will fall on US consumers, especially lower-income ones who rely on relatively inexpensive products from China. Now, Americans can expect longer wait times and higher prices, trade experts told CNN.

The iPhone maker is diversifying production to India amid tensions between the U.S. and China — but the U.S. president wants it to move stateside.