What is going to happen to Apple in the next few years? I certainly would be close to panicking by now if I was Tim Cook. It will take years to move the expertise of assembling iphones abroad, and I don't see how he could avoid doing that if he were a responsible CEO, at this point he needs backup options.
But he must be in a terrible position, he is hugely dependent on China for both production and customers, yet by the day that relationship is worsening due to the politics of the world.