U.S. to spare some Apple products from latest China tariffs - Bloomberg

The United States will spare some technology products including Apple Inc`s Watch and AirPods from the next round of tariffs it is imposing on Chinese goods, Bloomberg reported on Monday, citing two people familiar with the matter.

A product code that covers the Apple goods and similar smart watches and fitness trackers made by competitors including Fitbit Inc is not on the list of Chinese products that will attract a tariff, Bloomberg reported.

The United States is preparing to announce tariffs on an additional $200 billion worth of Chinese goods, top White House economic adviser Larry Kudlow said on Monday, as part of an intensifying trade dispute between the world`s two largest economies.

TRENDING NOW

PM Modi to address fintech event Infinity Forum 2.0 on Dec 9

COVID-19 Update: India logs 119 new coronavirus cases, infection tally stands at 4.50 crore

Log9, TORK Motors partner to promote interoperable charging infra

OnePlus 12 Launched in China: Check price, features, specs and other details

Indian Army, MeitY forge transformative alliance for technological advancements

Delta Corp, PVR INOX, Paytm, BEL: Stocks to watch on Thursday

Honor 90 Price In India: Instant Rs 3,000 discount, 12 months no-cost EMIs and much more - Check details

PM Modi to inaugurate Uttarakhand Global Investors Summit on Friday

Ayodhya Airport Update: Jyotiraditya Scindia meets AAI officials after inspecting Maryada Purushottam Shri Ram International Airport

Animal vs Sam Bahadur Box Office Collection: Animal set to enter Rs 500 crore club, beat Sam Baadur on Day 5 | Check day-wise collection, OTT release date and more

COP 28 Summit: Secures $83 billion in climate pledges, India skips energy and health pledges

Tata Technologies, IREDA, Senco Gold among 10 best performing IPOs in 2023

Rupee vs Dollar: Domestic currency rises 5 paise to settle at 83.32 against US dollar

Redmi 13C, 13C 5G launched - Check price, specs and sale date

DP World ILT20: David Warner to star as 2nd season of International League T20 kicks off from January 2024 in UAE - Check Details

Neither Apple nor Fitbit immediately responded to Reuters` requests for comment.

Apple and Fitbit stocks each trimmed some losses in afternoon trading amid a broader decline on Wall Street.

The proposed U.S. tariffs would affect prices for a "wide range" of Apple products, including its Watch, the company had told trade officials earlier this month.

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)