Trump's China tariffs will hit our products hard: Apple
Washington, Sep 8 : US President Donald Trump's proposed $200 billion tariffs on China-make products will make Apple Watch, AirPods headphones, HomePod smart speaker, Macs and key computer parts more expensive, the company has said.
In a letter written to the US Trade Representative on Friday, Apple some of its popular products will get hit by the 25 per cent increase in import tax.
Other products are Magic Mouse, Magic Trackpad, Apple Pencil, Apple adapters, chargers, cables and cords, Apple main logic boards with microprocessing units, memory modules, video graphic/audio cards and PCBAs, Apple computer parts (e.g., housings and internal components) and printed circuit boards, among others
"Because all tariffs ultimately show up as a tax on US consumers, they will increase the cost of Apple products that our customers have come to rely on in their daily lives," Apple wrote in the letter to Trump administration.
According to a report in The Verge, Apple asked that the US revise its proposal and decline to place tariffs on the product categories that cover these devices.
"It is difficult to see how tariffs that hurt US companies and US consumers will advance the government's objectives with respect to China's technology policies," Apple said.
The company's US-made hardware products have taken it to become a $1 trillion company but those products are built in China which, in turn, creates thousands of jobs.
Apple, which is set to unveil new iPhones and other products on September 12, said this would put it at a disadvantage relative to foreign competitors, and that the US would be hit the hardest by taxing these categories.
Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.
In biggest haul, drugs worth Rs 51 cr seized in Meghalaya, 2 held
Shillong (PTI): The Meghalaya Police seized drugs worth over Rs 51 crore, the biggest haul of narcotics in the state so far, in East Jaintia Hills district and arrested two Mizoram-based persons in this connection, a senior officer said on Saturday.
The seizure was made during a coordinated naka-checking conducted by the police and Anti-Narcotics Task Force (ANTF) personnel in the Ratacherra area on Friday, he said.
During the operation, a vehicle with three persons, including the driver, on board was intercepted and searched in accordance with due legal procedures.
ALSO READ: Veteran journalist Narayan Bareth passes away
Upon checking, 19 plastic soap cases, containing suspected heroin weighing 203.7 grams, were recovered from the possession of one of the three persons, the officer said.
The search of the vehicle led to the recovery of a blue-coloured trolley bag belonging to another occupant of the vehicle.
Suspected crystal meth (methamphetamine) tablets weighing 10.145 kilograms were found in the bag, the police officer said.
'Meth' tablets are banned in India.
Two of the three occupants of the vehicle were arrested, and a preliminary investigation suggested that they are part of an interstate and cross-border drug trafficking syndicate, the officer said.
"The total value of the seized contraband is estimated to be around Rs 51.13 crore", ANTF chief Vikash Kumar told PTI.
The arrested persons hail from Mizoram, he said.
A case has been registered at the ANTF police station, and an investigation is underway to establish the forward and backward linkages related to the seizure, the officer added.
