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US Supreme Court Rules Trump's Tariffs Illegal, Does Apple Benefit?
16 hour ago /
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Author：小编
On February 21, CNBC reported that Apple spends approximately $1 billion per quarter on tariffs, but this expenditure is expected to decline after the US Supreme Court ruled that the Trump administration's large-scale tariff policy, implemented under the International Emergency Economic Powers Act, was illegal. On February 20 local time, the Supreme Court ruled 6-3 that the Trump administration's large-scale tariff policy lacked legal authorization, marking a significant blow to its key economic policies. Since Trump imposed tariffs last year, Apple has paid approximately $3.3 billion in tariffs. Following the ruling, Apple's production costs may decrease, and profit margins are expected to rise.
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