Apple is heavily reliant on China, which has seen its tariff rates continue to ramp up to a cumulative 145%. While the company has been working to diversify its supply chains, analysts say its left without any clear short-term options to quickly reduce tariff impacts.

President Donald Trump’s administration has been predicting its barrage of tariffs targeting China will push Apple into manufacturing the iPhone in the U.

The trade war between the world’s two largest economies is escalating as China slapped a 125% tariff on U.S. goods in response to President Donald Trump’s 145% tariff on Chinese products