The iPhone maker warned that it may take a $900 million hit from President Trump’s levies, showing that even powerful companies aren’t immune from the trade war.

CEO Tim Cook told analysts that shipping devices sold in the U.S. from India and Vietnam, rather than China, would add about $900 million to the company’s costs for the June qua

Cook said that given the current tariff rates and policies do not change frot he balance of this quarter, and no new tariffs are added “we estimate the impact to add $900 millio