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Tim Cook has previously acknowledged that China used to be seen as a cheap source of manufacturing, "but it hasn't been for a long time."
From AppleInsider
President Donald Trump's new sweeping tariffs on US imports sparked fears of trade wars and threatened to raise prices on everything we buy, including Apple products.
From CNET

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Apple is getting screwed by Trump's tariffs
Donald Trump's "Liberation Day" tariffs look like they're about to hit Apple hard. A long-expected executive order signed by the president on Wednesday introduced a 34% tariff on goods from Apple's most important manufacturing hub — China.
Apple shares hammered after Trump tariff announcement
Apple stock took a huge dive in after-hours trading following the unveiling of new tariffs, and it just got worse when the markets opened.
Apple's Cook kissed Trump's ring, but tariffs wipe out nearly $300B in value
CEO Tim Cook was at the White House announcing a plan to invest a massive $500 billion in the U.S. over the next four years. Trump lauded the deal and refers to it frequently to highlight his administration's economic success.
How Much Will iPhone and Other Apple Prices Increase With 'Liberation Day' Tariffs?
President Donald Trump's new sweeping tariffs on US imports sparked fears of trade wars and threatened to raise prices on everything we buy, including Apple products.  The cost of the latest tech seems to rise every year,
US tech, retail stocks lead rout after tariff shock
The global stock market carnage that followed U.S. President Donald Trump's sweeping new tariffs rippled through early trading in the United States, slamming a wide swath of key industries including retail and technology firms.
Trump’s tariffs could force Apple to make major changes to iPhone production
United States President Donald J. Trump finally announced tariffs that will affect governments and companies worldwide, including Apple.
Apple CEO Tim Cook makes a cool $24 million in serendipitous stock sale
The remainder of Apple CEO Tim Cook's Restricted Stock Units couldn't have vested at a better time, with 108,136 shares sold just before tariffs were announced.
Apple CEO Tim Cook Sells Stock Worth $24 Million
Apple CEO Tim Cook today earned over $24 million selling Apple stock, according to a filing with the SEC. Cook sold 108,136 shares that
Apple Plunges 9%, Leading a Tech Sell-Off
The company counts on the sale of devices for three-quarters of its nearly $400 billion in annual revenue, and it makes almost all of its iPhones, iPads and Macs overseas.
MacTech1d
Apple CEO Tim Cook nets $24 million in sales of Restricted Stock Units
The remainder of Apple CEO Tim Cook’s Restricted Stock Units “couldn’t have vested at a better time, with 108,136 shares sold” just before tariffs were announced, reports AppleInsider. Restricted Stock Units (RSUs) are a form of equity compensation where employees receive company stock shares,
Barchart on MSN1d
Elon Musk's Starlink and Tim Cook's Apple Are Quietly In Fierce Competition to Win This 21st Century Space Race Despite Previous 'Promising Conversations'
In a rapidly evolving technological landscape, two of the world's most influential companies — Elon Musk's SpaceX and Tim Cook's Apple Inc. (AAPL) — are intensifying their competition to dominate the future of satellite-based communications.
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