Tim Cook Says Trade Wars Won't Make Apple’s iPhones More Expensive

Tim Cook Says Trade Wars Won't Make Apple’s iPhones More Expensive

6 years ago
Anonymous $qrGo_Xv_Cm

http://www.newsweek.com/tim-cook-says-trade-wars-wont-make-apples-iphones-more-expensive-958456

Apple CEO Tim Cook has said he is optimistic that Donald Trump’s rhetoric on tougher trade regulations won’t make his company’s flagship iPhone smartphone more expensive.

Fears emerged earlier this year that fresh taxes imposed on China could have a knock-on effect on U.S. technology companies. It was estimated at the time, in March, that the additional tariff of 25 percent on around $50 billion of Chinese imports could boost the price of an iPhone X from $1,000 to around $1,250. Other products, including the MacBook, would also be impacted, experts said.