Tim Cook (left) could face costly challenges if Donald Trump (right) imposes blanket tariffs.
Dimitrios Kambouris/Getty Images for WSJ; Scott Olson/Getty Images
- Apple will face hefty costs if Donald Trump sticks to his blanket tariffs pledge.
- Trump previously said he's considering levies of more than 60% on Chinese products.
- IPhone prices would likely rise as a result, economist Jacob Channel said.
Apple got a break the last time Donald Trump was in office...