Apple is expecting to fork out an extra billion dollars, from Donald Trump's tariffs
Apple is expecting to fork out an extra billion dollars, from Donald Trump's tariffs
2 August 2025
The tech-company reported a 160-billion dollar revenue for the quarter ending in June, despite concerns of new US tariffs.
Chief Executive Tim Cook, says the import fees cost them more than 800-million last quarter, and 1.1-billion dollars in the current quarter.
Tech Expert Paul Stenhouse, says it won't be any cheaper if manufacturing doesn't shift.
He says they'll face a 25 percent tariff, if they won't produce products in the United States.
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