Apple avoids US$150-per-iPhone levy after US, China reach deal


The new import duties were due to kick in Dec 15 and could have added about US$150 (RM621) to the price of iPhones during the crucial holiday shopping season, according to analysts. — AFP

Apple Inc avoided 15% tariffs on its most important products, the iPhone, iPad and MacBooks, after US President Donald Trump signed off on a trade deal with China.

The new import duties were due to kick in Dec 15 and could have added about US$150 (RM621) to the price of iPhones during the crucial holiday shopping season, according to Wedbush Securities analyst Dan Ives.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Tech News

Nissan says it will make next-generation EV batteries by 2028
UK to criminalise the creation of intimate deepfake images
Are your Facebook posts going missing? Mystery glitch affecting platform
Monsta’s YouTube Channel reportedly hacked, profile altered to US-based cryptocurrency company
Apple wants to spend more on suppliers in Vietnam
TikTok is launching a new photo app to rival Instagram
Meta wants to bring students as young as 13 into metaverse
Industry tracker: Samsung returns to top of the smartphone market
OpenAI comes to Asia with new office in Tokyo
Ericsson's Q1 adjusted operating profit beats expectations

Others Also Read