Apple’s iPhones, iPads and MacBooks will face 15% tariffs from December 2019 which were previously announced 10%. The 25% tariffs announced for Macs, Airpods, Apple Watch, and other devices will now face 30% instead from 1st September.
Trump had made threats in his recent tweet and this has become official now. It was confirmed by the US Trade Representative’s office.
The Trump administration on Wednesday made official its extra 5% tariff on $300 billion in Chinese imports and set collection dates of September 1 and December 15, prompting hundreds of US retail, footwear, toy, and technology companies to warn of price hikes
US Customs and Border Protection will also start collecting a 15% tariff on December 15 on the remainder of the $300 billion list, including cellphones, laptop computers, toys, and clothing, USTR said in the Federal Register filing.
US President Donald Trump announced the increase to 15% from 10% last Friday on Twitter, escalating the bitter US China trade war after Beijing hit back with retaliatory tariffs on $75 billion worth of U.S. goods, including crude oil.
Table of Contents
The following Apple products will be hit with 30% and 15% tariffs
- Desktop Macs
- Apple Watch
- AirPods and all wireless Beats headphones
These products will be hit by a 15% tariff from December 15th
- iPod touch
- Apple TV
- Apple Pro Display XDR
- Wired headphones
We reported before that the reported 10% and 25% tariffs will cut Apple’s earning by 4% but the latest official tariffs announced today will hit AAPL even harder.
President Trump said that Apple CEO Tim Cook has made some strong arguments against tariffs but the situation shows that Trump has forgotten that argument.