AT&T, Verizon Will Pass Cell Phone Tariff Costs on to Customers

AT&T, Verizon Will Pass Cell Phone Tariff Costs on to Customers

AT&T Inc. and Verizon Communications Inc., two of the biggest wireless carriers in the US, said they won’t absorb any forthcoming price hikes on mobile handsets if and when President Donald Trump’s global tariffs kick in — and that means customers could pay more for new cell phones.

Verizon, AT&T will pass Trump’s phone tariffs on to their customers

AT&T and Verizon have announced that they will pass the upcoming smartphone tariffs on to their customers. It means that if you are one of the subscribers of these carriers, then get ready to pay a significantly higher price for a new phone if and when President Trump’s global tariffs kick in. Verizon CEO confirms that the telco will pass phone tariffs on to its customers Verizon Chairman and CEO Hans Vestberg says that it’s hard to predict what…

US Carriers Are Not Going to Absorb Tariff-Related Costs for You - Talk Android

At the end of the day, tariffs are going to hit consumers a lot more than corporations.

US Carriers Are Not Going to Absorb Tariff-Related Costs for You - WiredFocus

The current economic climate in the US is peculiar. With a tariff war going on, most notably between the United States and China, a variety of markets are going to see imported materials, products, and equipment skyrocket in price, nearly overnight. The effects will trickle down, since governments don’t pay tariffs. Importers do. In the case of US carriers like T-Mobile, Verizon, and AT&T, despite their gargantuan size, the bottom line is still …

Thanks to Trump, AT&T and Verizon could be forced to charge more for your next phone

AT&T's boss has announced that the cost of handsets affected by tariffs is likely to be passed on to customers. Read more...

Verizon CEO Warns of Continuing Uncertainty From Trump Tariffs

Changes wrought by President Donald Trump's return to the White House are already affecting telecom industry financials. Verizon CEO Hans Vestberg noted the risks from tariffs on a call with analysts Tuesday after the company released Q1 results. The nation's...