In early August, Donald Trump announced the introduction of a tax of 10% on $ 300 billion of goods and products imported from China from September 1, 2019. Smartphones made in China and imported to the United States. United, including the iPhone, were concerned. Eventually, the Trump government decided to exclude the smartphones, PCs, computer monitors and consoles goods produced in China from the September tax. For these products, the tax is deferred until December 15, 2019.
Donald Trump increases the tax on smartphones made in China by 5%
Unfortunately for Apple and hundreds of other companies, Donald Trump has decided to raise the tax on products imported from China. In response to taxes imposed by China on US products, the leader increases by 5% taxes that will be implemented in the coming months. As of September 1, 2019, desktops, headphones and other accessories will be taxed at 30% instead of 25%. And from December 15, 2019, smartphones, PCs and consoles will have to pay a 15% tax. The Trump administration quickly confirmed the president's statement in a statement.
Read also: Sony warns that the price of the PS5 could be higher than expected because of taxes Donald Trump
Many companies have been quick to influence Donald Trump's decisions. 160 professional federations, including groups like Nike, believe that customs taxes will affect American consumers and may cause an economic recession. "There is no doubt that these tariffs are like a hidden tax paid by Americans and their families" regret the firms. Donald Trump did not want to respond to requests from companies.
… more, the remaining 300 BILLION DOLLARS of goods and products from China, which was 10%, will be taxed at 15%. Thank you for your attention to this matter!
– Donald J. Trump (@realDonaldTrump) August 23, 2019