They said it couldn’t be done. And yet, according to Nikkei Asian Review, “iPhones might one day soon carry ‘Made in America’ labels.” And the best part is, they’re doing it on their own, without any new laws or regulations being passed.
Key Apple assembler Hon Hai Precision Industry, also known as Foxconn Technology Group, has been studying the possibility of moving iPhone production to the U.S., sources told the Nikkei Asian Review.
“Apple asked both Foxconn and Pegatron, the two iPhone assemblers, in June to look into making iPhones in the U.S.,” a source said. “Foxconn complied, while Pegatron declined to formulate such a plan due to cost concerns.” …
Apple’s move appears to fall in line with Trump’s pledge to push American companies to make their products at home. There is a widespread perception among American voters that the U.S. is losing manufacturing jobs to other countries in this age of globalization and free trade. …
Trump singled out Apple several times earlier this year to hammer home his point, and vowed to slap a 45% tariff on goods made in China.
“We’re going to get Apple to build their damn computers and things in this country instead of in other countries,” he said at Liberty University in Virginia in January.
In March, Trump further pointed the blame at China, where Apple’s assemblers churn out iPhones, iPads and MacBooks.
That is the power of a President Trump. It’s kind of like how Iran released the American hostages on the day President Ronald Reagan was inaugurated. Finally we’ll have a president again who won’t be walked all over and whose bully pulpit will be respected.
Now, I don’t like tariffs and other protectionism that distorts the free market, but if a President Trump can negotiate and make companies see it’s in their best interests to bring jobs back to America without new laws and regulations, I can get on board.
What do you think? Will Apple moving jobs back to America be a success or will it raise the price of Apple products too high for regular Americans to afford them? Tell us in the comments below.