Bloomberg reports that sales of Apple's iPhone and other major smartphones are expected to decline in 2025, driven by President Trump's threat of implementing a 25% tariff on foreign-made devices. Although there was a temporary exemption, the renewed threat has caused concerns about higher prices and decreased shipments. Market analysts have significantly cut their global shipment forecasts, citing tariff uncertainty and economic challenges. Huawei benefits as its domestic production and resilience grow amid the turmoil.