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Apple's Tim Cook is going to have a headache on his hands if Donald Trump follows through on tariffs this time around

Business Insider · 6d

Apple could face significant costs if President-elect Donald Trump follows through with his proposed tariffs on Chinese goods. During his first term, Apple secured exemptions from costly tariffs, but it remains uncertain if they will receive the same benefits this time around. Finance experts warn that if a 60% tariff is imposed on Chinese imports, it could have a negative impact on Apple, affecting the pricing of their products. Additionally, the company's reliance on China for production and revenue makes it vulnerable to any potential retaliation from the country. On a positive note, the Trump administration may ease antitrust pressure faced by Apple and other Big Tech companies.