- cross-posted to:
- economics
- cross-posted to:
- economics
Apple’s playbook for avoiding tariffs appears to track closely with its strategy during the first Trump administration, when it allowed the president to take credit for a plant that had been making Mac computers in Texas for at least three years before he took office. Like other products Apple makes in the United States or says it intends to, the Mac made in Texas is not one of its mainstream models. Apple’s key revenue-generating products like the iPhone are all still manufactured outside of the country.
Let the stroking of the ego and micro penis begin. Progressives and Democrats would be wise to track the actual investments and hammer corporations when they dint follow through.
Oh man, don’t make the orange monkey look good. Also I can’t wait to see what this does for the cost of the already expensive apple product line.
It’s not actually new investments. It includes all the stuff they were going to do anyway (like buy Gorilla Glass for iPhone screens from Corning and order some chips from the new TSMC plant in Arizona). It’s not going to change the price of the phones. Tim Apple is probably just trying to avoid having to meet with Trump again.
Important note that it’s said to be an acceleration of existing plans, not bending the knee to the orange man. But they’ll let him take credit because Tim Cook is a savvy businessman.