Could Trade Tariffs Affect Apple’s Sales?

Apple (AAPL) has expressed concerns to a US trade representative after President Donald Trump’s decision to impose a 25% duty on $200 billion worth of imported Chinese goods. Apple stated that following the implementation of the tariffs, its products—such as its Apple Watch, AirPods, and HomePod—would be more expensive to purchase. Apple’s letter stated, “Our concern with these tariffs is that the U.S. will be hardest hit, and that will result in lower U.S. growth and competitiveness and higher prices for U.S. consumers.