Apple is poised for another setback after U.S. President Donald Trump suggested that 10 percent tariffs could be placed on mobile phones and laptops made in China, according to Bloomberg.
The company already is facing reports of suppliers cutting forecasts, signaling the new iPhone models introduced in September aren’t selling as well as anticipated. Trump’s comments to the Wall Street Journal that he may include Apple’s signature product in another round of tariffs on Chinese imports are another blow for CEO Tim Cook.
“Maybe. Maybe. Depends on what the rate is,“ the president said, referring to mobile phones and laptops. “I mean, I can make it 10 percent, and people could stand that very easily.“
So far, Apple’s most lucrative devices, like the iPhone and iPad, have been left out of U.S. tariffs. Earlier this year, Apple said products like the Apple Watch and AirPods would be affected before the U.S. said it wouldn’t impose taxes on such items. Still, the company warned in September, that other items, like the Mac mini, Apple Pencil stylus, and some cables and cases, could be harmed.
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