GoKawiilApple 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.
Even so, businesses across industries are now seeking refunds on duties collected under that framework, which could total roughly $166 billion.
Cook did not disclose how much it expects to recover, but confirmed Apple already has a plan for the money:
We plan to reinvest any amount we receive back into U.S. innovation and advanced manufacturing. These would be new investments and would be in addition to our prior commitments in the U.S.
Last year, Apple announced the American Manufacturing Program (AMP), an initiative to consolidate new and existing investment plans under a “$600 billion, four-year commitment to U.S. manufacturing and innovation,” according to the company
Since then, Apple has expanded the initiative, including last month’s announcement that AMP had added new partners such as Bosch, Cirrus Logic, TDK, and Qnity Electronics.
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