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Invoice for Trump‘s inauguration has been delivered to Apple.
#USA #Trump #Tariffs #Apple
https://appleinsider.com/articles/25/04/04/apple-will-take-a-33-billion-hit-to-its-bottom-line-because-of-trump-tariffs?utm_medium=rss
AppleInsiderApple will take a $33 billion hit to its bottom line because of Trump tariffsInvestment bank Morgan Stanley has told investors that while Apple may have brought forward some iPhone 16 production ahead of Trump's new tariffs, there is little more it can do to mitigate a $33 billion cost increase it is about to incur.