Tengku Zafrul: iPhones the price of cars a possibility under Trump’s tariff regime (VIDEO)

KUALA LUMPUR, April 17 — Apple iPhones could cost as much as a car if US President Donald Trump persists with his “reciprocal” tariffs on Chinese goods, warned Investment,...

KUALA LUMPUR, April 17 — Apple iPhones could cost as much as a car if US President Donald Trump persists with his “reciprocal” tariffs on Chinese goods, warned Investment, Trade and Industry Minister Datuk Seri Tengku Zafrul Aziz.

The minister noted analyst predictions that an iPhone made entirely in the US could cost up to US$3,500 , from the current US$549. Aside from unaffordable iPhones, Tengku Zafrul said the corollary effect to Malaysia would be demand for its exports, which crucially includes semiconductors.

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