- OnePlus introduced the Watch 3 earlier this year priced at $330 for the US market.
- In response to new tariffs, earlier this month OnePlus raised pricing to $500.
- The company is now largely backing down from that hike, and will instead sell the wearable for $350.
For companies in the business of building electronics in Asia and selling them in the US, right now has got to be the most confusing and frustrating time period in recent memory. The current US administration’s naïve fascination with all things tariff has sent markets and manufacturers into a panic, with prices spiking in response. In the absence of clear communication from the White House or even anything resembling a deliberate plan, companies have been flailing to respond to constantly shifting conditions. Today we get a morsel of good news there, as one firm manages to back down from the precipice of a massive price hike.
The OnePlus Watch 3 is one of the most impressive wearable launches we’ve seen so far this year, and we had been expecting the smartwatch to go up for sale for about $330. Earlier this month, however, OnePlus quietly bumped that price up to a staggering $500 in response to tariffs.