Apple Plans To Reinvest Tariff Refunds Into U.S. Manufacturing
A government survey suggests many firms use tariff refunds to cut debt, rebuild inventory, and avoid layoffs, while companies remain defensive. The U.S. has paid over $80B in tariff refunds since Supreme Court action. Tim Cook said Apple will reinvest received refunds into the U.S. and shift supply chains, noting the refund boosted gross margin by about two points.