Apple iPhone Price Could Triple in Pakistan
Apple iPhone Price Could Triple in Pakistan Wall Street Tech Egilist warned on Friday, the cost of the Made-in-US iPhone may exceed $ 3,500 (PKR 1 million) due to President Donald Trump’s latest trade tariff.
On Friday, in a rapid note for customers, Dan Evece of Vesabash Securities warned that to revive Trump’s 1980s American construction, through steep tariff risks, which he called an economic arrowgaden, especially for the technical field.
Trump’s tariff scheme consists of 50 percent levy on sugar imports and 32 percent on goods from Taiwan, which are central for global electronics production. These proposed rates will force the consumer electronics market to increase prices on a large scale. He wrote that the iphones made in the US would cost $ 3,500 (vs $ 1,000), while overall technical product prices can rise by 40–50 percent, he wrote.
iPhone Price in Pakistan
ASFI warned that the new trade barriers could set the US tech industry back by a decade. He termed the tariff strategy a bad science experiment that would severely slow down the AI revolution and the broader technology trade.
The announcement has already expressed apprehension on Wall Street that inflation may double this year, reversing the benefits made after the epidemic. Another analyst on Friday expressed concern about Trump’s long -term redistribution of ambitions and mismatch between short -term political cycles. He warned that Americans could face both recession and high prices before physicing any manufacturing revival. Meanwhile, China has allegedly retaliated with 34 percent tariffs on US imports. The Wall Street analyst urged policy makers to urge them to see tariff proposals before they are effective. “American consumers pay the price for this. Not a debate,” he said.
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