China’s reaction to Trump’s tariffs could be ‘serious problem’ for Apple

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tariffs
Apple CEO Tim Cook has urged President Donald Trump to avoid tariffs with China.
Photos: White House/Apple

The Trump administration is expected to spare three Apple products from the next round of tariffs, but escalating conflicts with China could still be a costly problem for the tech giant should a full-blown trade war ensue.

Bloomberg news, siting five unidentified sources, said a product code that covers the Apple Watch, AirPods, and HomePod smart speaker, is not listed among some $200 billion in Chinese products subject to a new 10 percent tariff expected to be announced later this week.

Trump tariffs may jack up Apple Watch prices by 20%

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Yeah, we're pretty incredulous about your ideas, too, Mr. Trump.
Thanks Donald!
Photo: Gage Skidmore/Flickr CC

Trump’s latest round of proposed tariffs will negatively impact Apple’s revenues but according to some numbers crunched by an Apple analyst, investors shouldn’t worry about the company’s profits being hit too hard.

Apple revealed last week that some of the proposed tariffs would hurt the profitability of Apple Watch, AirPods, HomePod and Apple Pencil. Price increases would be passed on to consumers, however, it probably won’t be more than a 20% jump.

Trump’s tariffs would make Apple gear more expensive

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Donald Trump speaks to supporters at an immigration policy speech at the Phoenix Convention Center in Arizona.
Trump's trade war with China will hit consumers' wallets the hardest.
Photo: Gage Skidmore/Flickr CC

President Trump’s latest list of proposed tariffs on products manufactured in China would have a negative impact on some of Apple’s most popular products.

In a letter sent to the U.S. Trade Representative, Apple says the Apple Watch, AirPods and Apple Pencil would be caught in the crossfire of Trump’s escalating trade war with China. And regular consumers stand to lose the most.

See Turks smash iPhones to protest Trump’s tariffs

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turkey protests
One protester tossed their iPhone X into a box of matches.
Photo: Twitter

iPhone owners in Turkey are taking to the streets to smash their iPhones in protest against the country’s strained relationship with the United States.

President Recep Tayyip Erdogan called on Turks to boycott U.S. products — specifically the iPhone made by Apple in California. Multiple videos have been posted online showing iPhone owners using hammers, rocks and even fire to destroy their iPhones.

Watch one of the demonstrators greet some iPhones with a sledgehammer!

Trump may not spare iPhone from trade war

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apple money
iPhones could get caught in crossfire of U.S-China trade war
Photo: Ste Smith/Cult of Mac

Tim Cook was reportedly assured that the iPhone wouldn’t been among the items to be hit with an import tariff as part of the United States’ burgeoning trade war with China.

However, according to a new report, it may wind up being hit with two sets of charges: one on iPhones imported from China, and another tax levied in China itself. Ouch!