US Tariffs on China Could Mean Pricier Wearables, Speakers

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<pre>US Tariffs on China Could Mean Pricier Wearables, Speakers

The tariff list has a 'subheading' of products that is covered by the original Apple Watch, Fitbit health trackers, and Sonos speakers, Reuters finds. US Customs and Border Protection.

The proposed $ 200 billion US tariffs for smartphones, smartphones, smartphones.

The proposed tariff list includes thousands of different products, each with their own subheading. But as the Reuters reports, deep down on that list is one particular subheading that covers the class of devices that can receive, convert, and transmit voice, images, and other data.

US border authorities have in the past ruled that certain products -including the original Apple Watch, Fitbit health trackers, and Sonos speakers-are classified under the very same subheading. As a result, popular wearables and speakers could get dragged into the Trump Administration's trade war with China.

The tariffs, announced earlier this month, seek to impose a 10 percent duty on products from China, which means any companies that could be forced to raise prices. Last month, Sonos warned investors in an SEC filing about this possibility.

However, the tariffs are still under review, so it's possible they could be amended. US trade organizations are also establishing a process whereby companies can apply to have their products excluded from the list. US Customs and Border Protection declined to comment on whether popular consumer products might be affected.

Reportedly, President Trump has told Apple CEO. But Trump's plans could end up changing. On Friday, he threatened to tariff all of $ 505 billion Chinese goods that the US imports.


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