Apple seeks exemptions from tariffs on Apple Watch, Mac Pro parts"The filings are a public step in a process that could reinstate a government-granted exclusion on 7.5% tariffs on Apple Watch imports and 25% tariffs on Mac Pro components."
What you need to know
Apple is seeking tariff exemptions on some Apple Watch and Mac Pro parts.
There are 25% import tariffs on some parts because they are made in China.
The tariffs were first levied during the Trump administration because of the trade war with China.
Apple has filed eight public comments for exemptions on tariffs pertaining to parts found in devices like the Apple Watch Series 7 and Mac Pro.
As noted by CNBC:
Apple filed eight public comments supporting temporary waivers for tariffs on Apple Watch and Mac Pro parts on Wednesday, according to the U.S. Trade Representative's website.
The filings are a public step in a process that could reinstate a government-granted exclusion on 7.5% tariffs on Apple Watch imports and 25% tariffs on Mac Pro components. Apple's watch and parts a...
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Apple seeks exemptions from tariffs on Apple Watch, Mac Pro parts
