Trump says a 25% tariff "must be paid by Apple" on iPhones not made in the US, says he told Tim Cook long ago that iPhones sold in the US must be made in the US
BreadstickNinja @ BreadstickNinja @lemmy.world Posts 1Comments 603Joined 2 yr. ago
BreadstickNinja @ BreadstickNinja @lemmy.world
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If Apple is the importer of record for its products, then it does incur and pay the tariff to the U.S. government. But obviously that gets passed along to consumers as no company will simply eat the cost.