Samsung vs iPhone: Who rules the roost following Donald Trump’s tariff blitz?

Donald Trump’s tariff blitz has put the consumer electronics sector under the pump.

iPhone fans in the US could face steep price hikes in the near future, as new tariffs imposed by the US President on global imports threaten to raise costs on handheld devices. According to experts, iPhones could see a price hike by 30% to 40% if Apple decides to pass the additional costs onto consumers, according to a Reuters report.