Are Apple iPhones about to get costlier? Here's how Trump’s tariffs could impact prices

U.S. tariffs on Chinese imports could increase iPhone prices significantly. Apple faces a choice: absorb the costs or pass them on to consumers. Analysts predict price hikes up to 43%, potentially raising the iPhone 16's cost to $1,142. This could impact demand, especially as iPhone sales have been sluggish due to unimpressive AI features.

from News-Economic Times https://ift.tt/lL1T5xA