Donald Trump's China tariffs will hit our products hard: Apple

The company's US-made hardware products have taken it to become a USD 1 trillion company but those products are built in China which, in turn, creates thousands of jobs.

Published: 08th September 2018 12:48 PM  |   Last Updated: 12th September 2018 09:39 AM   |  A+A-

Image used for representational purpose only

By IANS

WASHINGTON: US President Donald Trump's proposed USD 200 billion tariffs on China-make products will make Apple Watch, AirPods headphones, HomePod smart speaker, Macs and key computer parts more expensive, the company has said.

In a letter written to the US Trade Representative on Friday, Apple some of its popular products will get hit by the 25 per cent increase in import tax.

Other products are Magic Mouse, Magic Trackpad, Apple Pencil, Apple adapters, chargers, cables and cords, Apple main logic boards with microprocessing units, memory modules, video graphic/audio cards and PCBAs, Apple computer parts (e.g., housings and internal components) and printed circuit boards, among others

"Because all tariffs ultimately show up as a tax on US consumers, they will increase the cost of Apple products that our customers have come to rely on in their daily lives," Apple wrote in the letter to Trump administration.

According to a report in The Verge, Apple asked that the US revise its proposal and decline to place tariffs on the product categories that cover these devices.

"It is difficult to see how tariffs that hurt US companies and US consumers will advance the government's objectives with respect to China's technology policies," Apple said.

The company's US-made hardware products have taken it to become a USD 1 trillion company but those products are built in China which, in turn, creates thousands of jobs.

Apple, which is set to unveil new iPhones and other products on September 12, said this would put it at a disadvantage relative to foreign competitors, and that the US would be hit the hardest by taxing these categories.

Stay up to date on all the latest Business news with The New Indian Express App. Download now
(Get the news that matters from New Indian Express on WhatsApp. Click this link and hit 'Click to Subscribe'. Follow the instructions after that.)

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

facebook twitter whatsapp