The firm says, ultimately, be American consumers who will pay the price for the proposed $200 billion levied goods imported from China. Although Apple products are designed in the United States, they8217;re largely built in, and imported from China.
Related: Apple watchOS 5 features
Apple also says Beats headphones along with the AirPort, Time Capsule, Magic Mouse/Trackpad and Apple Pencil prices could also go up, along with the Mac Mini – which is reportedly due a refresh. A large range of accessories like dongles, cases, chargers and cables would also be hit by the levy.
Many Apple fans might be asking why the world8217;s most valuable company couldn8217;t sacrifice a little profit in the short term, rather than passing the cost onto consumers. Apple8217;s bean counters, of which the current CEO was once chief, would probably argue that sort of attitude doesn8217;t get a company to a $1 trillion market cap.
Whether customers, already faced with handing over more than $1,000 for the 2018 iPhones, will see things the same way remains to be seen. Given many have already baulked at the prospect of handing over $330 for the half-baked HomePod speaker, it8217;s unlikely they8217;d abide by any tariff induced price hike.
Fundamentally, Apple disagrees the tariffs will do any good anyway. In the letter it added: 8220;It is difficult to see how tariffs that hurt US companies and US consumers will advance the Government’s objectives with respect to China’s technology policies.” In the process, it highlighted the $50+ billion it spends with its US suppliers last year, and the fact that the majority of its direct employees are based in the country.8221;
In a statement, a US Trade Representative spokesperson said these potential scenarios 8220;only reinforce the importance of how getting China to play by the rules and fix their unfair practices will be good for the US and global economy.”
The post Apple warns Trump tariffs will force up prices – because why would it take the hit? appeared first on Trusted Reviews.