Trump advisor on 25% tax threat: “Apple will bear those tariffs”

After President Trump threatened to slap Apple with a 25% tariff on iPhones made outside the U.S., one of his top economic advisors is now downplaying the potential fallout of the proposed tax.

Speaking on CNBC’s Squawk Box on Tuesday, National Economic Council Director Kevin Hassett said the White House doesn’t actually want to hurt Apple, despite the rhetoric:

“Everybody is trying to make it seem like it’s a catastrophe if there’s a tiny little tariff on them right now,…