Published: Mon, September 10, 2018
Money | By Ralph Mccoy

Trump’s tariffs would make Apple gear more expensive

Trump’s tariffs would make Apple gear more expensive

"Start building new plants now", Trump recommended.

Thursday marked the final day for the public to comment on Trump's proposal to impose a 25 percent on $200 billion in Chinese goods.

The Mac mini desktop computer, Apple Pencil stylus accessory for iPads, various chargers and adaptors and tooling equipment used to manufacturer and design some products in the US will also be affected, the Cupertino, California-based company told the Office of US Trade Representative in a letter dated September 5. It makes many of its products for the USA market in China, and it also sells gadgets including the iPhone in China, making them a potential target for Chinese retaliation against the Trump tariffs.

Both Intel and Apple are urging Trump administration to re-evaluate the proposed tariff list, which is now under review by the U.S. officials.

Zhang said the impact from US tariffs on China's exports would likely be limited over the next few months.

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The company said tariffs would hit "a wide range of Apple products, " including computers, watches, adapters, chargers and tools used in its USA manufacturing, fix and data centers.

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But President Trump proposed a solution on Twitter.

"But there is an easy solution where there would be ZERO tax, and indeed a tax incentive". In the past Trump has allegedly assured CEO Tim Cook that the iPhone wouldn't be affected, but the leader has reversed course on other promises in the past.

Intel Corp., the world's second-largest chip maker, weighed in supporting Apple's opposition to the tariffs and broadening the argument.

That could help reignite USA demands that Beijing narrow its trade gap, which has temporarily been overshadowed by their clash over complaints China steals or pressures foreign companies to hand over technology.

While the President often brags about his accomplishments via Twitter, official data shows that China's trade surplus with the United States is greater than ever.

Intel's letter goes further and warns that the tariffs will impact all consumer electronics, including smartphones, laptops and desktop PCs.

"The burden of the proposed tariffs will fall much more heavily on the United States than on China", Apple said in its letter. Apple said "it is hard to see" how tariffs would advance the government's goal.

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