Apple’s open letter urged the Trump administration not to initiate tariffs affecting Apple’s products, but to look for “other, more effective” solutions. The company said that the United States will be most affected by the proposed tariff, which will lead to a slowdown in US economic growth, lower competition and higher US consumer prices.
"First, the proposed tariff list covers a wide range of Apple products and products used in our operations in the United States: Apple Digital Health and wireless connectivity products including Apple Watch, Apple Pencil and AirPods; Apple computing tools such as Mac mini; Apple routers, cables, and charging heads that increase efficiency and security; Apple's components and custom tools designed for US manufacturing and product repair organizations; Apple US productsDevelopmentProfessional test equipment used in laboratories; used by Apple's US data centers to support our global services, such as the App Storeserver, hard drives and cables. "
Apple said the proposed tariff would increase the company's cost of doing business in the United States, forcing the transfer of resources and leaving it at a disadvantage when competing with foreign countries.
"Secondly, since all tariffs will eventually be converted into taxation for US consumers, the proposed tariff will increase the cost of using Apple products. For example, Apple Watch has become the best-selling smart watch in the US and even the world."