The new administration's new tariffs will begin imposing a 10% import tax on smartwatches, fitness trackers, smart speakers and bluetooth headphones from September 1. The government plans to postpone the proposed tariff on most household appliances, including mobile phones and laptops, by December 15.
However, tariffs are still likely to rely heavily on Apple, and Apple relies on China's manufacturing of HomePods, AirPods and Apple Watches. The products were exempted after last year when manufacturers sent letters to the government asking for relief. Apple pointed out that it is difficult to know how tariffs that hurt US companies and US consumers will advance the government's goals in relation to China's technology policies.
iPhone and MacBook Pro will be saved by December, but this rate hike still has a big impact on Apple's profitability. Tim Cook said during the company's last earnings call that the company's services, wearables, home and accessories businesses are close to the size of Fortune 50 companies.
Apple has now seen tariffs imposed for almost a year and is reportedly investigating the transfer of manufacturing from China in response. In addition, we have already experienced a 10% import tax increase that affects the charger. But the price did not change. Apple and its suppliers absorbed the difference. We contacted Apple for feedback on the latest tariff news, and will be updated when there is a news.