[ad_1]
The price list includes a "sub-section" of products that previously covered original Apple Watch products, Fitbit health trackers and Sonos speakers, according to Reuters. US Customs and Border Protection declined to comment.
US $ 200 billion rights to Chinese products could lead to higher prices for smartwatches, wearables, and smart speakers.
The proposed tariff schedule includes thousands of different products of its own subheading. But as Reuters indicates, the list of devices that can receive, convert and transmit voice, images and other data is a subcategory at the bottom of this list
. – including the original Apple Watch, Fitbit health trackers and Sonos speakers – are classified under this same subheading. As a result, popular wearables and speakers could be dragged into the Trump administration's trade war with China.
The tariffs, announced earlier this month, are aimed at imposing a 10% duty on China's products. Companies who buy their electronics in the country might be forced to raise their prices. Last month, Sonos warned investors in a SEC deposit about this possibility.
However, the rates are still under study, so it's possible that they can be amended. US trade authorities are also putting in place a process for businesses to request the exclusion of their products from the list. The US Department of Customs and Border Protection has declined to say whether popular consumer goods could be affected.
According to President Trump, President Trump said the proposed tariffs are intended to exclude iPhones from the company, made in China. But Trump's plans could end up changing. On Friday, he threatened to price all Chinese products of 505 billion dollars that the United States imports.
Source link
