http://www.cnbc.com/2016/11/14/apple-iphones-could-be-hit-if-trump-imposes-a-45-percent-tariff-on-china-
exports-beijing-warns.html
Richard Kahn
HBRK Associates Inc.
575 Lexington Avenue 4th Floor
New York, NY 10022
Source: House Oversight Committee release, November 2025