Apple's iPhones, as we all know, are some of the most expensive smartphones you can buy. Even the 'affordable' iPhone i.e. the iPhone XR costs over Rs. 60,000 in India after all the discounts. Do you think that's expensive? Well, think again, because the new iPhones that are launching later this year are going to be even more expensive.

That's right! If you're waiting to buy the new iPhones, presumably the iPhone XI, then you might want to start saving some money because they're about to get a little pricier, and you can thank the ongoing trade war between the US and China for that. More like thank Trump for that.

US President Donald Trump decided to piss off China by hiking tariffs on products manufactured there. Well, we don't blame him because his idea was to force US companies to relocate manufacturing back home to enforce employment, among other benefits.

While that didn't happen as per the plan, it has caused Apple's iPhone production costs to rise. And obviously, to recoup profits, Apple would need to increase the iPhone price by a similar amount. And since there are no direct supply chain units from Apple's manufacturing plants in China to India, they have to go through the US for processing, which means Apple will have to pay the tariffs.

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It's expected that Apple will choose to absorb the costs, at least for the time being, but we doubt if they'll do it for long. Apple will eventually have to slap a higher price tag on their already expensive iPhones. This, however, can be avoided if Apple starts manufacturing its flagship iPhones, in addition to the cheaper models, in India too. Well, let's just hope for the best.

Source: Business Standard