Verizon, AT&T, and T-Mobile prepare to raise prices on consumers because of Trump's trade war [Yahoo! Finance Canada]
Verizon Communications Inc. (VZ)
Last verizon communications inc. earnings: 4/24 07:30 am
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Source: Yahoo! Finance Canada
But if that for now ends, major phone carriers appear poised to dump the higher costs of smartphones onto the laps of consumers. Trump earlier this month exempted smartphones and some other electronics from his reciprocal tariffs, though he left a 20% fentanyl tariff on China intact. The exemption could prove temporary, keeping the prospect of 145% tariffs on China (where Apple ( AAPL ) makes its iPhones) in play. Even the 20% fentanyl tariff on China may sting consumers soon if no trade deal between the two superpowers is reached. The price of an iPhone 15 would increase to $839 from $699 currently, according to an analysis from tech publication CNET. The iPhone 16 would climb to $959 from $799. Here is what the major phone carriers said this week as they reported earnings about the potential for tariff-driven price increases on consumers. Verizon ( VZ ) CEO Hans Vestberg: "In general, if the tariff is going to be as high as they say on the handsets, we are not planning
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VZ
News
- Verizon to report earnings January 30, 2026 [Yahoo! Finance]Yahoo! Finance
- Verizon to report earnings January 30, 2026GlobeNewswire
- Verizon Communications (NYSE:VZ) shareholders have endured a 7.2% loss from investing in the stock five years ago [Yahoo! Finance]Yahoo! Finance
- Market Chatter: Google, Verizon Under US DOJ Probe Over Diversity Hiring [Yahoo! Finance]Yahoo! Finance
- Looking to Supercharge Your Passive Income in 2026? These 3 Stocks Offer Yields as High as 10.3%. [Yahoo! Finance]Yahoo! Finance
VZ
Earnings
- 10/29/25 - Beat
VZ
Sec Filings
- 12/19/25 - Form 4
- 12/19/25 - Form 4
- 12/19/25 - Form 4
- VZ's page on the SEC website