Top

U.S. trade rulings could impose 10-percent import tariff on Apple Watch

July 20, 2018

Category:

New government rulings on a new round of tariffs the United States intends to apply on Chinese produce names the Apple Watch, as well as a number of Fitbit trackers and Sonos speakers, Reuters reports. The named products, and others, are goods that are assembled in China before being imported to the United States, causing them to be subject to potential tariffs.

The devices are singled out because they are classed by U.S. Customs and Border Patrol officials under a subheading of “data transmission machines,” within a list of U.S. tariff codes. Approximately 6,000 codes are included in tariff proposals announced earlier this month, expected to affect $200 billion worth of imports.

Read More on Apple Insider