Jun 21, 2019

Apple warns Trump that more China tariffs will help rivals

Apple has joined a growing chorus of firms urging the Trump administration to drop a plan for more US tariffs on Chinese goods. The company said the proposed tariffs would cover its major products including iPhone, iPads and Airpods, as well as parts used to repair devices in the US. "We urge the US government not to impose tariffs on these products," Apple said in its filing to US Trade Representative Robert Lighthizer, who is considering submissions on the proposed duties. Apple joins a string of other companies pushing the Trump administration to abandon plans for more tariffs on Chinese goods citing risks to their business and consumers. In a joint submission filed this week, tech firms Microsoft, Dell and HP and Intel said the proposed tariffs would increase prices for laptops and tablets by at least 19%. The US reignited the trade war last month by raising tariffs on billions of dollars worth of Chinese goods, prompting Beijing to retaliate. Hopes for an imminent deal were shattered in May after the Trump administration more than doubled tariffs on $200bn of Chinese imports and threatened additional duties.

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