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Apple says Trump’s tariffs are adding another $1 billion to its costs

Apple says Trump’s tariffs are adding another $1 billion to its costs

Apple is spending a lot on President Donald Trump’s tariffs. During an earnings call on Thursday, Apple CEO Tim Cook said the duties could add $1.1 billion to its costs during the September quarter. Cook says Apple has already spent around $800 million during the June quarter, which is less than the $900 million that […]

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