Sunday, September 25, 2022
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Apple dodges 15% tariffs as U.S.-China strike a trade deal

Apple has avoided 15% tariffs on the iPhone, iPad, and Mac laptops after President Donald Trump signed off on a trade deal with China, reports Bloomberg. The import duties were to start Dec. 15 and could have added around $150 t the price of Apple products.

Apple currently pays tariffs on the Apple Watch, AirPods, iMac components, and HomePod speaker. It’s possible these could be eliminated under the new U.S.-China deal.

Trump signed off on a “phase-one” deal that roughly halves current tariff rates and scraps a threatened $160 billion worth of duties on Chinese-made goods including phones and computers, reports The Wall Street Journal.

Dennis Sellers
the authorDennis Sellers
Dennis Sellers is the editor/publisher of Apple World Today. He’s been an “Apple journalist” since 1995 (starting with the first big Apple news site, MacCentral). He loves to read, run, play sports, and watch movies.