Trump’s Tariffs Could Triple iPhone Prices in Pakistan, Shocking Consumers

 President Donald Trump’s proposed tariffs on Chinese imports—a 50% levy on goods from China and 32% on Taiwanese products—could trigger a massive price surge across the consumer electronics market, warns Wall Street analyst Dan Ives. If enacted, these trade barriers might drive the cost of a U.S.-made iPhone up to 3,500(vs.3,500(vs.1,000 today), while overall tech product prices could jump 40-50%.

Threat to U.S. Tech Industry and AI Revolution

Ives cautioned that these new tariffs could set back the U.S. tech industry by a decade, calling the plan a “bad science experiment” that would slow down the AI revolution and disrupt global technology trade. With Taiwan and China central to electronics production, such aggressive trade policies could stifle innovation and supply chains.

Wall Street Fears: Inflation Surge and Economic Risks

The proposal has already rattled investors, with concerns that inflation could double in 2024, erasing post-pandemic economic gains. Analysts also warn of a mismatch between Trump’s long-term reshoring goals and short-term political cycles, predicting Americans may face higher prices and a recession long before any manufacturing revival materializes.

China Retaliates with 34% Tariffs on U.S. Imports

In response, China has reportedly imposed 34% tariffs on U.S. goods, escalating U.S.-China trade tensions and risking further economic instability.

Call for Policy Reevaluation

With the tech sector and consumer prices at risk, analysts urge policymakers to reconsider these tariffs before implementation to avoid severe market disruptions.