Analysts have warned that the upcoming iPhone 16 Pro Max may see a substantial price increase, potentially reaching $2,300 due to new tariffs imposed by the Trump administration. The tariffs target imports from China, which could lead to a 43% hike in costs for certain iPhone models. The budget version may increase from $799 to about $1,142. Apple has yet to decide if it will absorb these costs or pass them onto consumers. Investors are anxious, as even slight price hikes could impact sales and stock performance. The tech giant's pricing strategy will be closely watched in the coming months.