President Trump’s aggressive new tariffs on Chinese imports could drive up the price of iPhones and other popular gadgets in the U.S. by hundreds of dollars. With 80% of U.S.-bound iPhones still made in China, Apple may be forced to either absorb the cost or pass it on to consumers — a move that could reshape global pricing, consumer habits, and the future of smartphone contracts.
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In a sudden reversal, US President Donald Trump has suspended additional tariffs on 75 countries, including India, for 90 days. However, he delivered a punishing 125% tariff hike on China for retaliating. Analysts say this could be part of Trump’s broader economic chess game amid rising pressure from the US stock market and global trade dynamics.