More refunds possible for Apple as Trump's 10% global tariffs found illegal too
AI Summary
The nearly universal 10% tariffs enacted by Trump have been declared illegal, pending appeal, so Apple may get even more cost reduction across its supply chain and additional refunds. Liberation Day tariffs and their follow up are both illegal The so-called " Liberation Day " on April 2, 2025 hit Apple's supply chain like a ton of bricks. A year later, those "reciprocal" tariffs were declared illegal and new global tariffs were put in place immediately.
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