The last sentence of the President of the United States Donald trump to impose protectionist duties on the next batch of goods from China can be hit hard by the American Corporation Apple, which has a significant proportion of accessories is made in China. This writes the British Financial Times.
We are talking about the fastest growing segment of the American company, which includes a column HomePod, Apple watch and wireless headphones AirPods. They can grow in price if the U.S. President decides to impose a ten percent duty on Chinese exports worth $ 200 billion.
A similar reaction of the Financial Times expects Apple’s rivals — Google, Amazon, Sonos, Fitbit, whose accessories will also suffer from the protectionism of the American President. Investment Bank Morgan Stanley in its research note said that the new duties are the main risk for the capitalization of the American company in anticipation of the next presentation of the company in September 2018.
Analysts of the smartphone market and gadgets Canalys noted that for Apple, the accessory market is starting to prevail, as sales of computers, laptops and smartphones fall, at the time, as, for example, sales of the Apple watch in the second quarter of 2018 grew by 30 percent compared to the same period last year and amounted to 3.5 million sales.
According to customs statistics, the volume of exports from China to United States is estimated at 505,5 billion dollars, and in the opposite direction — to 129.9 billion dollars. President Donald trump has previously said it is ready to impose customs duties on all Chinese imports.