Recent changes in trade policies under US President Donald Trump may cause an unexpected change in the way Ipone being purchased in the US. With a new tariff imposed on imports from countries like China and India, many NRIs (NRIs) living in the United States may soon be converted into India as a more affordable destination to buy iPhones.

We have their effect on tariffs and apples

Tariff introduced earlier this week has created significant concern for global technology companies such as Apple, which rely a lot on manufacturing in China. 54 percent tariff on sugar imports means that Apple may either have to absorb additional costs or increase the prices of their products, according to a report by the Reuters. While Apple has already started producing something in countries like Vietnam and India, these countries are not exempted from tariffs – India has to face 26 percent tariffs, while Vietnam is killed with 46 percent tariffs.

The report states that to offset the increased production costs, Apple may have to increase prices by 30-40 percent in prices for various products including iPhones, iPads and Macbooks. This can rapidly increase prices for American consumers, making products such as iPhones more expensive in the US market.

How can India become a sourcing hub

For NRIS in the US, these tariffs can make a rapid increase in prices of apple products to make an attractive option to buy iPhones from India. In India, Apple is increasing local production efforts, and with a lower tariff than those in China and Vietnam in the US, the iPhones gathered in India can be quite cheaper.

In the light of potential value growth in the US, many NRIs may ask their relatives or friends in India to buy iPhones, especially when they travel. The prices of iPhone in the US are expected to increase by 43 percent, buying iPhone in India can lead to significant savings.

Iphones prices are expected to rise in America

Analysts estimate that the price of an average iPhone may increase by 43 percent, with a model like iPhone 16 Pro Max, probably saw an increase in the price of more than $ 700. Cheap models like iPhone 11 can also see similar growth. As the apple looks to absorb the costs of the tariff, American consumers may face a difficult decision whether to continue purchasing Apple products at these high prices. But, since Apple has not yet announced an increase of any price in the US market, people are advised to take details with a pinch of salt. The report is based on the prediction and details shared by the analysts of Rosynblies Securities, after the announcement of tariffs in many countries of Europe, Asia, Africa and Pacific.