Trump tariffs: iPhone prices could soar to Rs 2 lakh amid fallout

President Donald Trump has recently announced new reciprocal tariffs affecting several countries, and if you own an iPhone or plan to buy one, this news is important for you. Due to these new tariffs, the price of iPhones is likely to rise significantly. China is a major manufacturing hub for Apple products, and currently, the U.S. has imposed a 20 percent tariff on imports from China. Recently, the Trump administration added an additional 34 percent tariff, which could lead to a drastic increase in iPhone prices. Reports indicate that, if these tariffs remain in effect, we could see iPhone prices soar beyond $2,000 in the future.

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