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Apple Watches exempt from US tariffs on Chinese imports, report says – Source CNET Tech


Tim Cook, CEO of Apple. 

James Martin/CNET

The US Trade Representative reportedly approved Apple’s request for the company’s watches to be excluded from tariffs on Chinese imports, according to a letter from the USTR to Apple. The letter, obtained earlier by Bloomberg, was dated on Friday.

Last September, President Donald Trump imposed a 15% tariff on a list of goods, which included the Apple Watch. The tariff was halved in February after a trade deal went into effect with Beijing. 

Last summer, Apple urged the USTR not to move forward with new fees because it would hurt the company’s competitiveness and the amount of money it contributes to the US economy. The…

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Source CNET Tech

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