Trump Trade War With China Will Hit Apple for Real This Weekend

The trade war between the U.S. and China will hit Apple this weekend, dragging the largest U.S. technology company into a fracas that threatens to raise prices on popular consumer gadgets, according to Bloomberg.

President Donald Trump’s 15% China tariffs were entered into the Federal Register on Friday, making the move official. At 12.01 a.m. local time on Sunday in Washington, the levies will kick in for hundreds of products entering the U.S. or being withdrawn from warehouses for consumption in the U.S., according to the order.

Any reprieve for Apple looked unlikely on Friday as Trump showed little sign of backing down and blamed U.S. companies for their inability to deal with a trade policy he said was aimed at reining in “unfair players.“ Among Apple products that will be hit by 15% tariffs starting this weekend are Apple Watch and Watch bands, AirPods, HomePod, some Beats headphones and iMac computers. Repair parts for iPhones may also be hit while NAND flash could also be affected.

The iPhone, which contributes more than half of Apple’s revenue, won’t face this 15% tariff until Dec. 15. But the other hardware products made up at least 10% of sales in the company’s 2018 fiscal year, and many of these will have to absorb the 15% import levy that kicks in on Sunday. It’s unclear if Apple will raise product prices or assume the cost of the tariffs.

Apple spent decades building one of the largest supply chains in the world. The company designs and sells most of its products in the U.S., but imports them from China after assembly. That makes it one of the most exposed companies to tariffs.