REFILE-Apple Watch, FitBit could feel cost of U.S. tariffs [Reuters]
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Source: Reuters
Apple Watch, FitBit could feel cost of U.S. tariffs | Reuters 4 Min Read (Reuters) - The latest round of U.S. tariffs on $200 billion of Chinese goods could hit the Apple Watch, health trackers, streaming music speakers and other accessories assembled in China, government rulings on tariffs show. The rulings name Apple Inc’s ( AAPL.O ) watch, several Fitbit Inc ( FIT.N ) activity trackers and connected speakers from Sonos Inc. While consumer technology’s biggest sellers such as mobile phones and laptops so far have faced little danger of import duties, the rulings show that gadget makers are unlikely to be spared altogether and may have to consider price hikes on products that millions of consumers use every day. The devices have all been determined by U.S. Customs and Border Patrol officials to fall under an obscure subheading of data transmission machines in the sprawling list of U.S. tariff codes. And that particular subheading is included in the more than 6,000 such codes in P
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