Nearly Rs 2 lakh for iPhone? Why Trump’s tariffs could make Apple’s products costlier

Nearly Rs 2 lakh for iPhone? Why Trump’s tariffs could make Apple’s products costlier

US President Donald Trump’s sweeping tariffs on Apple’s biggest production and supplier hubs in Asia, including China, India and Vietnam, could hurt the tech giant. The iPhone maker is already feeling the sting after it lost nearly $300 billion in market value following the White House’s announcement. Here’s how this could impact consumers

Apple iPhone 16 smartphones are displayed at a store in London, Britain, October 6, 2024. File Photo/Reuters