Apple products may get costlier with new 15% tariff

San Francisco: Some Apple products like AirPods, Apple Watch, HomePods and iMac computers were likely to get costlier as the new 15 per cent US tariffs on Chinese products came into effect from Sunday.
Apple has its products assembled by Foxconn in China.
“For products covered by Annex A of the August 20, 2019 notice (84 FR 43304), the rate of additional duty will be 15 per cent on the current effective date of September 1, 2019. For products covered by Annex C of the August 20 notice, the rate of additional duty will be 15 percent on the current effective date of December 15, 2019,” read the statement from US Federal Register.
Apple iPhones may also be around $100 more expensive in the US once the next set of 15 per cent tariff comes into place from December 15.
“TVs, speakers, digital cameras, lithium-ion batteries and flash drives are just a few of consumer electronics that will be subjected to a 15 per cent tariff beginning Sunday,” reports TechCrunch.