Apple to Pay Around $1.1-Billion More in July-September Over Trump Tariffs
In a recent statement, Apple CEO Tim Cook revealed that the iPhone-maker expects to pay around $1.1 billion in duties for the period of July-September 2025. This additional amount is a result of the ongoing US-China trade tensions and the tariffs imposed by President Donald Trump. This news comes after Apple had already paid $800 million in duties for the period of April-June 2025.
The tariffs imposed by Trump have had a significant impact on Apple’s global manufacturing distribution, which has helped offset the hit. Cook’s statement suggests that the company is taking steps to adapt to the changing trade landscape and minimize the effects of the tariffs.
The tariffs were first imposed in 2018, and since then, they have had a significant impact on Apple’s global supply chain. The company has been trying to find ways to mitigate the effects of the tariffs, including by shifting its manufacturing operations to countries with lower tariffs, such as India.
In fact, Cook revealed that most of the iPhones sold in the US are now coming from India, where the tariffs are lower. This shift in manufacturing has helped Apple to avoid paying higher tariffs on its products.
The tariffs imposed by Trump have had a significant impact on the technology industry, with many companies, including Apple, facing higher costs and reduced profits. The tariffs have also had a broader impact on the global economy, with many countries and industries affected.
In recent months, there have been signs of a slowdown in the global economy, with many countries facing challenges and uncertainty. The tariffs imposed by Trump have been a major factor in this slowdown, with many countries and industries affected.
The impact of the tariffs has been particularly significant for technology companies, which have faced higher costs and reduced profits. Apple has been one of the companies most affected by the tariffs, with the company facing higher costs and reduced profits.
The tariffs imposed by Trump have also had a significant impact on the global supply chain, with many companies facing challenges and uncertainty. The shift in manufacturing to countries with lower tariffs, such as India, has helped to mitigate the effects of the tariffs.
In conclusion, Apple’s CEO Tim Cook has revealed that the company expects to pay around $1.1 billion in duties for the period of July-September 2025. This additional amount is a result of the ongoing US-China trade tensions and the tariffs imposed by President Donald Trump. The company has been trying to find ways to mitigate the effects of the tariffs, including by shifting its manufacturing operations to countries with lower tariffs, such as India.
