Home Business & Finance Apple Wants Its Products to Be Excluded from US Tariffs

Apple Wants Its Products to Be Excluded from US Tariffs

Apple Wants Its Products to Be Excluded from US Tariffs

According to a recent report from Reuters, Apple has asked the Trump administration to exclude its products from the US tariffs on goods manufactured in China. Some of these products include HomePod speakers, iMacs, parts used for repairing iPhones, iPhone smart battery cases and AirPods.

In case you didn’t know, Apple is currently looking for an exemption from the 15 percent tariffs introduced on the products back in September. As Apple is heavily reliant on China for its production and components, the company submitted its exemption request at that time.

However, this isn’t the first time Apple has submitted similar requests. Few months earlier the company asked authorities for exemptions for 15 of its parts which are primarily for upcoming Mac Pro. Shortly afterwards, Tim Cook met U.S. President Donald Trump to discuss possible impact of the tariff on the economy going forward as Samsung won’t be impacted by the changes. At the time, Apple claimed that it would be contributing as much as $350 billion to the US economy by 2023 and it supports up to 2.4 million American jobs.

Apple isn’t the first company to ask for the exemptions as several other companies which are reliant on China for different components and production also submitted similar requests.

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