<2>Apple Faces New Tariffs After Supreme Court Ruling Strikes Down the Old Ones
<3>Impact on Apple’s Business Model
The US Supreme Court has declared on Friday that most of the import tariffs imposed by the Trump administration last year were illegal. Trump’s response to this now leaves < href="https://techcrunch.com/tag/apple/" rel="noreferrer noopener" target="_blank">Apple, one of the world’s most valuable companies, in a worse position than it was in before.
<3>Background on the Tariffs
In 2022, the Trump administration imposed tariffs on a wide range of imported goods, including electronics and other products. While lobbying by Apple had resulted in almost all of its products being excluded from the previous tariffs, Trump has announced new ones which will include them again. This has sparked concerns among investors and analysts about the potential impact on Apple’s business model.
<3>Why the New Tariffs are a Problem for Apple
The new tariffs will increase the cost of importing goods into the US, which could lead to higher prices for consumers. This could be particularly problematic for Apple, which relies heavily on imports to supply its products. The company has already faced criticism for