Tim Cook doesn't think tariffs are going to make your iPhone more expensive. The Apple (AAPL) CEO said Monday he didn't expect a full-blown trade war to break out and dismissed the notion that the company's flagship device would be subject to tariffs. "I don't think the iPhone will get a tariff on it," Cook told CNN's Laurie Segall in an exclusive TV interview. Related: Tim Cook reveals his tech habits: I use my phone too muchHowever, an escalating trade war could still affect the tech giant, which considers China a vital market. Any effort by the Chinese government to curb iPhone sales amid a trade fight could cause the company to lose momentum.
Source: CNN June 05, 2018 00:59 UTC