[ad_1]
President Donald Trump's latest prices on Chinese products will not be applied to the Apple Watch or Air Pods.
But commercial penalties will sweep away other technological products, including networking equipment used by a large number of technology companies.
A senior administration official told reporters on Monday that consumer electronics, such as smartwatches and Bluetooth devices, had been removed from the list of Chinese products to be targeted with 10% tariffs from next week. .
"We are working on a solution where we believe that consumer products will not be covered," said the manager.
However, according to the manager, "network router type products" will face tariffs.
The Trump administration said on Monday that a new $ 200 billion tariff package on Chinese goods would come into effect next week, as China has not changed the unfair trade practices of the United States.
Submit Chinese The networking of equipment on tariffs could have a major impact on the technology sector. Modems and routers are used to power huge computer networks that provide products and services around the world.
Dell (DVMT), whitefish (CSCO), Juniper Networks (JNPR) and Hewlett Packard Enterprise (HPE) stated that rates on network equipment could hurt their bottom line and lead to job losses in the United States.
Meanwhile, Google (GOOG), Facebook (FB) and Amazon (AMZN) According to analysts, use routers and Chinese modems to run global cloud operations.
The Consumer Technology Association said in a statement that it is pleased that some consumer items have been removed from the list, but believes that tariffs are a "bad policy".
"We are particularly concerned about retaliatory tariffs on printed circuit assemblies, routers and network equipment," the group said. "They will stifle our global leadership in 5G, create an Internet tax for businesses and create uncertainty for businesses."
The decision to save connected consumer products, including Apple watches and Air Pods, is a victory for Apple (AAPL).
The company, in a letter to sales representative Robert Lighthizer earlier this month, urged the Trump administration to withdraw tariffs that would affect its products.
"Since all rates are proving to be a tax on US consumers, they will increase the cost of Apple products that our customers now rely on," the company said.
Yet, this is not a complete victory. Other technical components used by Apple, such as printed circuit boards and electrical connectors, remain in the list.
Apple did not immediately respond to a request for comment.
The additional duties are added to the penalties promulgated earlier this year for Chinese products worth $ 50 billion. Taken together, about half of the products that China sells to the United States each year will be affected by US tariffs.
CNNMoney (New York) First published on September 17, 2018: 8:41 ET
Source link
