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Apple iPhone might have escaped import tax in the nick of time

to de-escalate the trade war between the two countries. As a result of the agreement, Apple iPhone units imported from China might not be subject to the 15% import tax that was scheduled to begin on December 15th. While the device is designed in the states, the majority of units are assembled in China; 40% of global iPhone shipments are made from the U.S.

Apple already has some other products that are affected by the tariffs including the Apple Watch and the AirPods, but Apple has decided to eat the additional cost itself rather than passing all or some of it on to ...

Source PhoneArena https://ift.tt/2PFaWCX
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