The issue of reciprocal tariffs proposed by US President Donald Trump continues to escalate, affecting not only the economic and industrial development of various trade partners but also creating operational challenges for domestic companies. Taking Apple as an example, the company faces risks such as rising costs, declining sales, and potential supply chain disruptions due to relocations of components and manufacturing for its hardware products, including the iPhone. Additionally, with services now being Apple’s second-largest revenue source, any barriers to service trade imposed by other countries in retaliation could further hamper Apple’s operations.
Tariff cuts impact Apple on both hardware and software fronts
11
Apr