Credit: OnePlus

OnePlus undoubtedly hoped the release of its newest smartwatch had gone smoother. After delaying the launch, the company released the watch right at the peak of tariff drama. The watch debuted at a higher $500 price in the US, but OnePlus now says that after some adjustments, it is able to bring the price down by $150, and it's staying there.

OnePlus, which is part of the Chinese megacorp Oppo, announced the OnePlus Watch 3 in early 2025. The first batch of units to roll off the line went out to reviewers, who promptly noticed that the underside featured a prominent typo, reading "Meda in China" instead of "Made in China." OnePlus delayed the release to fix the issue.

That brings us to early April and the onslaught of tariffs, which are still hanging over the US economy. OnePlus finally released the watch, but it did so with a $500 price tag "due to the current market conditions."

Those market conditions are the series of frantic tariffs implemented and rescinded by the Trump administration over the past few weeks. While many of the higher tariffs have been paused, imports from most nations are still subject to a flat 10 percent tariff, and OnePlus' home market of China is covered by a 145 percent tariff.

Things are still uncertain, but OnePlus claims to have made some adjustments to its supply chain so it can offer the Watch 3 at a more palatable price. It's unlikely that OnePlus could eat the cost of that Chinese tariff on a wearable, so perhaps it found a way to redirect its shipments through another location with lower tariffs.

A company spokesperson confirms the watch is now listed at $349.99 in the US, and it will stay at that price despite any future changes to import tariffs. This is a bit higher than the original $330 price tag, but it's not bad given the challenging market conditions and OnePlus' Chinese roots.

"This change reflects our effort to be transparent, responsive, and committed to bringing the OnePlus Watch 3 to the US at a competitive price point, despite the ongoing market conditions," a OnePlus spokesperson said.

At $500, the OnePlus Watch 3 was hard to justify when devices like the Pixel Watch, itself not exactly a bargain-priced wearable, are available for substantially less. Still, there are probably some OnePlus fans who bit at $500. The company says anyone who paid that price since the watch's release in early April will get a refund of the difference—keep an eye out for an email from OnePlus support with details.

For anyone who was planning to pick up the Watch 3 and was scared off by the tariff increase, the lower price is available immediately in the OnePlus store.