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Tim Cook Warns of $900M Loss from U.S. Tariffs

5/7/2025

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Tim Cook Warns

Apple CEO Tim Cook has raised alarms over potential U.S. tariffs on Chinese imports, predicting a staggering $900 million hit in the June quarter. In response, Apple is strategizing to relocate iPhone assembly to India and beyond. Yet, with a heavy dependence on Chinese components, American consumers may face rising prices and ongoing trade turmoil.

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Trump Defends Economy

President Trump insists the U.S. economy is flourishing, attributing savings from high tariffs on Chinese imports. However, critics challenge his perspective, pointing to escalating costs and looming recession fears. In China, deflation looms as exporters shift focus to domestic sales, igniting price wars and diminishing consumer demand, raising alarms about an impending economic slump.

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Tim Cook Warns

Apple CEO Tim Cook has raised alarms over potential U.S. tariffs on Chinese imports, predicting a staggering $900 million hit in the June quarter. In response, Apple is strategizing to relocate iPhone assembly to India and beyond. Yet, with a heavy dependence on Chinese components, American consumers may face rising prices and ongoing trade turmoil.

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