Apple's foldable iPhone Duo costs 10% more in Canada due to price discrimination, not tariffs

Apple's new foldable iPhone Duo costs nearly 10 percent more in Canada than in the U.S., with Canadian prices starting at $2,999 versus $1,999 US, which converts to roughly $2,760. Experts say the price gap is not due to tariffs, as the phones are built in China and Canada's counter-tariffs target U.S. products. Instead, economists attribute the higher cost to price discrimination, noting Canadian consumers of premium products are less price-sensitive, and to rising manufacturing costs from a global microchip shortage. The price difference sparked criticism on Canadian social media, with some users mocking the cost. Pre-orders for the iPhone Duo begin Oct. 17, with availability starting Oct. 23, following its unveiling by Apple CEO John Ternus on Wednesday.