The current tariff list has entered the stage of public comment. Once it is due to take effect this fall, Apple, FitBit and Sonos products may be subject to a 10% tariff.
Reuters pointed out that although the biggest products of consumer technology, such as mobile phones and laptops, are almost no risk of import tax, the latest tariff list shows that technology product manufacturers are unlikely to be completely out of touch once they are taxed. The products used by these millions of people every day will also face price increases.
According to reports, the products included in the above sub-projects include Apple Watch, Fitbit's Charge, Charge HR and Surge, Sonos' Play:3, Play:5 and SUB speakers, and the three companies declined to comment.
However, when Sonos applied for an initial public offering (IPO) earlier this month, he said that 'trade barriers such as tariffs, coupled with various trade retaliating actions, may force us to raise prices and hit sales.'
According to CNBC, Zero Hedge reported that the US is expected to hold a hearing on China's $200 billion tariff action from August 20 to 23, which will take effect on August 30.