Trump's Tariffs Temporarily Reinstated Until June 9 – Apple Faces $900M Hit, iPhone 17 Prices Could Rise

Shortly after former President Donald Trump announced his so-called "Liberation Day" tariffs, the U.S. court blocked them—along with earlier trade tariffs from his first term. However, following a legal appeal, the tariffs are now back in effect, at least until June 9, 2025.

The court previously stated that the Emergency Economic Powers Act (EEPA) doesn’t give the president the authority to regulate trade—highlighting that such powers lie with Congress. But with today’s temporary ruling, the tariffs will remain in force until both parties present their final arguments. A permanent decision is expected after that.

Apple Could Take a Massive Hit

Among the companies most affected is Apple, whose global supply chain has long relied on international manufacturing and assembly. Analysts report Apple may suffer a $900 million loss in Q2 2025 due to increased import costs.

This could lead to notable price hikes for the upcoming iPhone 17, adding uncertainty for both consumers and investors.

The coming weeks will be critical, as the final ruling could reshape the U.S. tech landscape—especially for companies that depend heavily on overseas production.

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