The iPhone 16 Pro Max risked a 67 per cent increase, then the turnaround

90% of Apple's iPhone production and assembly takes place in China, according to estimates by Wedbush Securities. Price increases for US consumers are inevitable with US tariffs at 145%. UBS analysts estimate that the base model of a $1,199 iPhone 16 Pro Max assembled in mainland China could increase by $800 (+67%), while an iPhone 16 Pro assembled in India could increase by only $45. This is why Apple in an attempt to mitigate the effect of tariffs on China is pushing to increase the production and assembly of its smartphones in India. And this is probably why Trump has decided to suspend the duties on smartphones and technology components, pending new decisions.