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iPhone & Mac tariff reprieve only temporary
Apple's reprieve from Trump's reciprocal tariffs against Chinese imports of iPhones and Macs is only temporary, as tariffs aimed at semiconductor imports will be arriving within a few months.Tim Cook and Donald Trump in a meeting at the White House in 2018Late on Friday, Apple was granted a massive benefit from President Donald Trump, in the form of tariff exemptions applying against imports from China. However, it seems that those exemptions will only be temporary, as other tariffs are on the way.According to Commerce Secretary Howard Lutnick speaking to ABC News, it is only a temporary reprieve. While iPhone, iPad, and Mac imports won't be subject to the 145% reciprocal tariff that applies to Chinese imports, Lutnick says a "semiconductor tariff" will be applied instead. Continue Reading on AppleInsider | Discuss on our Forums
Apple's reprieve from Trump's reciprocal tariffs against Chinese imports of iPhones and Macs is only temporary, as tariffs aimed at semiconductor imports will be arriving within a few months.
Tim Cook and Donald Trump in a meeting at the White House in 2018
Late on Friday, Apple was granted a massive benefit from President Donald Trump, in the form of tariff exemptions applying against imports from China. However, it seems that those exemptions will only be temporary, as other tariffs are on the way.
According to Commerce Secretary Howard Lutnick speaking to ABC News, it is only a temporary reprieve. While iPhone, iPad, and Mac imports won't be subject to the 145% reciprocal tariff that applies to Chinese imports, Lutnick says a "semiconductor tariff" will be applied instead.
Continue Reading on AppleInsider | Discuss on our Forums
Tim Cook and Donald Trump in a meeting at the White House in 2018
Late on Friday, Apple was granted a massive benefit from President Donald Trump, in the form of tariff exemptions applying against imports from China. However, it seems that those exemptions will only be temporary, as other tariffs are on the way.
According to Commerce Secretary Howard Lutnick speaking to ABC News, it is only a temporary reprieve. While iPhone, iPad, and Mac imports won't be subject to the 145% reciprocal tariff that applies to Chinese imports, Lutnick says a "semiconductor tariff" will be applied instead.
Continue Reading on AppleInsider | Discuss on our Forums
