Quote:
Originally Posted by MaDalton
How much would an all-American iPhone cost? | Marketplace.org
You ready to pay $2000 for your iPhone?
While the competition keeps producing in China or Korea?
You think Apple would play along? Especially when they sell 2/3 outside the US where extra taxes on competitors products won't apply?
Wont happen.
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The reason that it would cost so much is that Unions, taxes, laws, regulations, etc. in the U.S. all drive up the cost of production.
What Trump is saying is that companies would be given incentive to bring those jobs back. It's already happening in several states with car companies building factories (anywhere but Detroit) without unions and with the states giving them great tax breaks.
Trump is also saying that if they still don't bring those jobs back, he will place tariffs on their products coming into the U.S.
It's a great bargaining chip that we have that has been unused for decades. The U.S. market is coveted. And we haven't had anyone in office that has used that position of power to our advantage.