>According to Wedbush, producing iPhones in the U.S. could push prices to ~$3,500 and take 5–10 years to implement, making it unfeasible.

A 25% increase for an already premium device isn't a terrible idea, if it helps boost local industry. But the huge estimated price increase just highlights why most of the Wests manufacturing and industry has gone to China, it's just not competitive to produce things locally and tariffs can't change that.