Apple, vulnerable to tariffs on Chinese goods, asks Trump administration to stop [Los Angeles Times (CA)]
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Source: Los Angeles Times
Apple, vulnerable to tariffs on Chinese goods, asks Trump administration to stop Apple Inc. urged the Trump administration not to proceed with tariffs of as much as 25% on a new slate of products imported from China, saying it would reduce the tech giant’s contribution to the U.S. economy. The Cupertino, Calif., company made the plea in a letter to U.S. Trade Representative Robert Lighthizer this week. Tariffs would affect nearly all major Apple products, including iPhones, iPads, MacBooks, Apple Watches, AirPods and iMacs, the company wrote. It said tariffs would also hurt lower-volume products such as the HomePod speaker, some Beats headphones, wireless routers, the Apple TV box, cases and iPhone replacement parts. This is the first time Apple has specifically mentioned the iPhone on a list of products that would be affected by tariffs. The smartphone generates about two-thirds of Apple sales and drives the purchase of other devices and services. Apple is one of the largest job crea
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