Investment, Trade and Industry Minister Tengku Zafrul Aziz has warned that continued U.S. tariff hikes could cause iPhone prices to skyrocket, possibly matching the cost of a car. In a video, he explained the global supply chain behind the iPhone — with components from Taiwan, Korea, China, the U.S., and Japan — emphasizing Malaysia’s role in semiconductor exports.
Tengku Zafrul: iPhone Could Cost as Much as a Car Under U.S. Tariffs
A 145% tariff could raise an iPhone’s price from USD 549 to over USD 1,400. Fully U.S.-made, it might hit USD 3,500. He stressed that trade barriers impact all markets and that open trade is crucial for economies like Malaysia’s.
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