iPhone prices in Pakistan might soon go above Rs1 million because of new trade tariffs introduced by US President Donald Trump.
The prices of mobile phones, which are already very high in the country, are expected to go up even more. This is because the United States has decided to place a 50% tax on goods imported from China and a 32% tax on products coming from Taiwan. Since many parts of the iPhone are made in these countries, the cost of making and selling iPhones could increase significantly.
Experts in technology say that these new taxes will likely make smartphones and other electronic devices even more expensive. This is especially bad news for people in Pakistan, where inflation is already high and the value of the rupee continues to fall. If the cost of importing and producing these phones goes up, the final price for consumers could reach as much as $3,500 per iPhone — more than three times the current price.
These changes may make it very difficult for the average person in Pakistan to afford new smartphones, especially premium models like the iPhone. The rising prices could also affect businesses that rely on electronics and hurt the overall tech market in the country.