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Trump wants to tax iPhones and MacBooks →

November 27, 2018

The Wall Street Journal:

In an interview with The Wall Street Journal, Mr. Trump suggested that if negotiations don’t produce a favorable outcome for the U.S., he would also put tariffs on the rest of Chinese imports that are currently not subject to duties. “If we don’t make a deal, then I’m going to put the $267 billion additional on” at a tariff rate of either 10% or 25%, Mr. Trump said. He first threatened those duties, and the higher tariffs on the initial $200 billion in goods, in late summer. The president said tariffs could also be placed on Apple Inc. iPhones and laptop computers imported from China if the U.S. decides to put tariffs on additional goods.

I wonder if Apple saw this coming and priced recently released products to offset a potential tariff caused by a US-China trade war. If that’s not the case, I really hope this doesn’t happen. The current generation iPhones and MacBook Pros are already objectively very expensive.


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