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Apple to seek tariff refunds, plans to reinvest money in the US - 9to5Mac

9to5Mac·Marcus Mendes·about 1 month ago
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Apple CEO Tim Cook said today that the company is seeking refunds for duties it paid under tariffs Donald Trump announced last year, which the Supreme Court recently ruled unconstitutional. Here are the details. Apple wants its tariff money back During today’s earnings call for fiscal Q2 2026, Apple CEO Tim Cook said the company is following “the established processes” to apply for refunds on tariffs it paid under the measures Donald Trump announced last year that were recently struck down by the Supreme Court. In a 6–3 ruling , the Court found that the International Emergency Economic Powers Act (IEEPA) does not give the president authority to impose broad tariffs, effectively invalidating the policy and opening the door for companies to recover what they paid. A few days ago, Donald Trump said he would “remember” companies that chose not to apply for refunds, while criticizing those that do.…

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