If you are thinking about upgrading to the latest iPhone, you may have to make a buckle. Due to the tariff imposed by US President Donald Trump, the cost of your favorite model of iPhone can take a big jump.

Reports have claimed that if Apple selects customers to pass on additional expenses, the iPhones will be 30% to 40% pricier.

Apple’s iPhones are mainly produced in China, which has been particularly difficult from tariffs. Apple can be placed in a difficult place by the effect of tariff. This will either absorb cost or pass it with the consumer.

How to change tariff iPhone prices

The cheapest iPhone 16 model, which is now priced at $ 799 (over 68,000), will increase by about $ 1,142 (more than 97,000) -43% -this adds tariff cost to the apple price.

For a premium model such as the iPhone 16 Pro Max, with a 6.9-inch screen and 1-terabite storage, the price will be approximately $ 2,300 (about 2 lakhs).

This increase comes on various Chinese imports after President Trump’s tariff to pressurize American businesses to move its manufacturing from China.

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Although Apple had managed to increase the price hike through the earlier special discounts, this time, no discount has been given.

The sale of iPhone is already a flag in major markets, in addition to increased prices, financial pressure can make things worse for Apple.

Consumers are not running to buy the latest models, especially the new artificial intelligence facilities provided by Apple’s iPhone intelligence are not enough enough for some.

What’s next for Apple’s customers?

If Apple selects customers to move the entire burden of tariffs, this may cause a sharp fall in iPhone sales as increased prices may force customers to switch to other options such as Samsung. Samsung is likely to benefit from low tariffs as most of its phones are produced in non-China nations.

(With input for Reuters)