Trump advisor on 25% tax threat: ‘Apple will bear those tariffs, not consumers’

Why were Trump’s tariffs reinstated by appeals court? How did Nvidia’s earnings impact chip stocks today? What caused the US Court to block Trump’s tariffs? Why is UnitedHealth Group’s CEO pay package controversial? How are US-China trade talks affecting global markets? Why is Victoria’s Secret website down due to security? How is AI adoption affecting tech company hiring?

Trump advisor on 25% tax threat: ‘Apple will bear those tariffs, not consumers’

9to5mac.com/2025/05/28/trump-advisor-says-apple-will-bear-tariffs

After President Trump threatened to slap Apple with a 25% tariff on iPhones made outside the U.S., one of his top economic advisors is now downplaying the potential fallout of the proposed tax.
Speaking on CNBC’s Squawk Box on Tuesday, National Economic Council Director Kevin Hassett…

This story appeared on 9to5mac.com, 2025-05-29 01:32:50.252000.