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Proposed tariffs under the Trump administration could trigger considerable price increases for consumer electronics in the United States, though Apple may be able to weather the storm.
Apple CEO Tim Cook [left] with Donald Trump [right]
Apple CEO Tim Cook [left] with Donald Trump [right]
During his first time in office, President Donald Trump’s trade war with China resulted in price increases. While there were threats that Apple’s products would be dinged by tariffs, Tim Cook’s regular Trump talks helped Apple avoid being hurt by the import charges.
For Trump’s second term in office, it seems that a similar situation could happen again, with Chinese imports being hit with high tariffs. However, this time Apple is in a much better position.
Go Here to Read this Fast! Trump tariffs will raise prices, but Apple could avoid harsher taxes
Originally appeared here:
Trump tariffs will raise prices, but Apple could avoid harsher taxes
