Here come the Apple tariffs

Mark Gurman at Bloomberg reports on the arrival of more US tariffs, significant in that it will have a deep effect on America’s richest company, Apple:

Here’s a list of Apple products that will be hit by 15% tariffs starting this weekend:

Apple Watch and Watch bands
Some Beats headphones
IMac computers
Repair parts for iPhones may also be hit
Nand flash, a key storage component for iPhones, could also be affected.

Gurman adds that the iPhone wouldn’t be affected by tariffs until December, but that the products hit from this weekend onwards amounted to around 10% of the firms overall sales in 2018.