In his earlier term, Trump had also imposed tariffs on Chinese goods. Back then, Apple got some waivers for its products. This time, no such exemptions have been given yet.

The latest tariffs by US President Donald Trump will force Apple to either shoulder the added costs or transfer them to consumers, leading to substantial price increases.

A new round of tariffs imposed by President Donald Trump could sharply raise the cost of iPhones in the U.S., according to analysts. Most iPhones are still made in China, which has now been hit with a 54% tariff.

An iPhone upgrade supercycle has been a topic of conversation in the tech community, but Trump's new tariffs present an obstacle for Apple.