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The bigger issue for the US is that other countries will also want their shit made in their countries. Apple isn’t worried about shifting manufacturing to the
by addicted 8y ago
The bigger issue for the US is that other countries will also want their shit made in their countries.
Apple isn’t worried about shifting manufacturing to the US. Apple is worried that China will want iPhones sold to the Chinese made in China, India will want iPhones sold to Indians made in India, Europe will want iPhones sold to Europeans made in Europe and so on.
The problem for the US with these demands is that most countries want to step away from globalization, and the US has been the greatest promoter of it, precisely because it had, has, and likely will continue to be the greatest beneficiary of globalization. Trump doesn’t seem to realize this.
Why would a Russian want to pay more money for an iPhone so an American instead of a Chinese could get a job?
- rdlecler1 8y agoChina has been the biggest beneficiary of globalization.