Apple may spread higher costs across all products and services, says this expert. Here's how to save if you need a phone.

If you're considering buying a new iPhone 16, it's best to do so sooner rather than later as Trump's tariffs will take action soon.

The iPhone 16 Pro Max 256 GB, which is among the devices that are assembled in China, retails for $1,199. Under the new tariffs on Chinese imports, the price of the device could rise by $675, or 56%, lifting the price tag to $1,874, an April 9 analysts from UBS Investment Research shows.