Apple’s iconic iPhone may soon cost you about double what it costs now, as analysts predict a 43% price increase in response to U.S. tariffs on imports from China and elsewhere in the world.
The iPhone 16 Pro Max could reach a price point of around $2300.
The iPhone 16 Pro Max could reach a price point of around $2300.
On April 2, or “Liberation Day” as President Trump called it, a new assortment of “reciprocal” tariffs was applied against every foreign country in the Apple supply chain. While there’s a minimum 10% tariff on all goods coming into the United States, imports from China were hit with a 54% tariff.
