Apple Warns That Trump's Tariffs Will Impact Apple Watch and Other Products
Sep 8, 2018, 9:22 AM by Eric M. Zeman
Apple says the proposed list of tariffs the Trump administration plans to levy against imports from China will impact a "wide range" of its products. The iPhone maker called out the Apple Watch, Apple Pencil, and AirPods, as well as Beats headphones, the MacMini, and Apple-branded adapters, cables, and chargers. Apple did not say the iPhone, which is assembled in China, will be affected. The tariffs will also take a toll on Apple-designed components, tooling and manufacturing, and testing equipment found in Apple labs and stores. The Trump administration is seeking to place a 10% tariff on some $200 billion worth of goods. "Our concern with these tariffs is that the U.S. will be hardest hit, and that will result in lower U.S. growth and competitiveness and higher prices for U.S. consumers," said Apple in a letter provided to U.S. trade officials. The company warned that the tariffs will lower Apple's economic impact on the U.S., which it values at some $350 billion. The Trump administration has not responded to Apple's comments publicly. Apple is expected to announced new iPhones and other products at September 12 event in Cupertino.
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