The duties imposed by Trump could cost Apple $2 billion by the end of September.

The tariffs imposed by US President Donald Trump will result in costs for Apple and may cost almost $2 billion. This was reported on July 31 on the Apple Insider portal.

"Apple's bill for Trump's tariffs in the third quarter was slightly lower than initially expected, but [Apple CEO] Tim Cook warned that it will be significantly larger in the next quarter, totaling about $2 billion in just two quarters," the material says.

Cook, as specified, warned against making accurate forecasts, as this situation may change due to a large number of factors, which, according to the portal, include Trump's ongoing negotiations with other countries.

The CEO also said that, in his opinion, the duties imposed caused the greatest damage at the beginning of the year, when Trump began his trade standoff with China, and currently most gadgets sold in the United States mainly come from India or Vietnam.

Elephant in the china shop: The United States has obtained a reduction in duties from India

New Delhi seeks to avoid trade war with Washington

On May 23, Trump threatened Apple with the imposition of duties of 25% for iPhone phones sold by them that were not manufactured in the United States. He stressed that he had repeatedly asked Cook to move the production of these gadgets to the United States.

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