Its Apple Watch is now exempt from Chinese import tariffs

Yolanda Curtis
March 26, 2020

This means Apple will not be required to pay the extra import tax for making its Apple Watch in China and then importing it back to the US.

Apple's plea to have the Apple Watch exempted from USA import tariffs has been approved, wiping the 15% tax imposed on Apple for products it imports into the United States from its manufacturers and assembly partners in China.

Apple Watch tariffs are a side effect of USA vs.

Apple has previously asked the U.S. Trade Representative (USTR) to be excluded from certain tariffs including the one imposed against the Apple Watch.

On September 20, 1019, the Trump administration put 15% tariffs on $200 billion worth of goods brought to the United States from China. The tariffs had been imposed by President Trump at a rate of 15%, although that was reduced by half before the tariffs went into effect on February 15.

Apple requested waivers on these products in November. And now they've been removed completely for the Apple Watch. As per the the latest worldwide quarterly wearable device tracker report, IDC has said that Apple has led the wearable market with 43.4 million units shipment "thanks to its refreshed AirPods, AirPods Pro, and Apple Watch as well as its Beats products spanning multiple price points". There's no word on whether AirPods, Mac mini, and some other Apple products will be granted their own exemptions by the U.S. Trade Representative.

Other reports by iNewsToday