A bunch of Apple products will be hit by new levies on Sunday after being entered into the Federal Register today.
Apple Watch, AirPods, iMac and more will be taxed 15% when entering the U.S. from China. It will be the first time Apple has been affected by the ongoing trade war.
Apple has rather amazingly avoided new trade tariffs imposed by the Trump administration until now. But it seemed only a matter of time before Cupertino would feel the impact.
That will happen when the clock strikes 12:01 a.m. in Washington on Sunday, Bloomberg reports. At which point a lengthy list of Apple products will be taxed 15% upon entering the U.S.
Apple products feel trade war impact
Here’s the list of products that will be affected by the levies:
- Apple Watch and Watch bands
- Some Beats products
Certain iPhone components, such as NAND flash, and repair parts may also be impacted, Bloomberg adds.
iPhone tariffs on the way
The iPhone itself will avoid the levies for now. But unless a resolution to the trade war is found, the smartphone that makes up half of Apple’s revenue will be hit in December.
Apple CEO Tim Cook recently told President Trump that trade tariffs could impact Apple’s ability to compete with Samsung, its largest rival. But that did little to sway his determination.
Trump confirmed days later that tariffs on $300 billion worth of imports from China would be 15% — up from 10% — with the first going into affect on September 1.