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Trump Tells Apple To Make Products In the US To Avoid China Tariffs (thehill.com)
hackingbear writes: President Trump acknowledged in a tweet that "Apple prices may increase because of the massive Tariffs we may be imposing on China," but suggested the issue was not with the tariffs themselves. "There is an easy solution where there would be ZERO tax, and indeed a tax incentive. Make your products in the United States instead of China. Start building new plants now," Trump wrote. The U.S. is threatening to impose 25% tariffs on all $500 billion worth of Chinese imports over issues such as intellectual property theft.
While Apple et al are still making their products in China, Trump didn't offer Apple a place to find the millions of laborers needed to make their products, given that the official unemployment rate is at a historic low of 3.9%. Manufacturers also need to compete in the labor market with garbage companies who need to find American laborers willing to recycle their own trash -- a job once imposed upon China as a condition to enter the World Trade Organization and enjoy advantageous tariff rates. China is gracefully giving back those jobs as the U.S. is complaining of unfair trades.
While Apple et al are still making their products in China, Trump didn't offer Apple a place to find the millions of laborers needed to make their products, given that the official unemployment rate is at a historic low of 3.9%. Manufacturers also need to compete in the labor market with garbage companies who need to find American laborers willing to recycle their own trash -- a job once imposed upon China as a condition to enter the World Trade Organization and enjoy advantageous tariff rates. China is gracefully giving back those jobs as the U.S. is complaining of unfair trades.
Isn't there an 800$ tax/duty etc free limit on importing items from abroad? If they buy their iPhones from Canada, and the cost is under $800 US...
Some electronics require rare earth materials to manufacture, which currently are sources from China or other countries. Those have export restrictions from China: https://en.wikipedia.org/wiki/... , and they ask the products to be manufactured there.
US now asks products to be manufactured here, and will add additional taxes (tariffs) if this request is not complied with.
So Apple and other manufacturers are split between two bad choices. They will have to weigh which one is less worse, and go in that direction. In all cases it will most likely be the consumers that suffer.
On paper we're at full unemployment. But funny enough there's a ton of resentment around not having jobs in America. Of course, everyone knows the unemployment stats are nonsense. But we act like they're not.
This leads to some crazy political theater. For one thing we've got economists trying to come up with excuses about why wages aren't climbing despite "full" employment. And now we've got Trump needing to explain to businesses where they'll get workers needed to run factories when on paper those workers already have jobs. I mean, I suppose Trump could argue that he'll do mass immigration. I'm sure that'll go over swell at his monthly rallies.
Hi! I make Firefox Plug-ins. Check 'em out @ https://addons.mozilla.org/en-US/firefox/addon/youtube-mp3-podcaster/
This happened before in Europe.
In the early 80s it was a three way fight for home video recording. You had VHS, Betamax and the Phillips Video 2000 system. The first two were all Japanese machines, the latter were made by Phillips in Europe.
The Phillips format was technically great. But it came third in that race. Philips got the EEC (precursor to the EU) to put massive tariffs on Japanese machines to make them cost the same as Phipps' ones, but all that did was increase profit margins for Japanese companies and relieve price pressure on their manufacturing.
In the end Phillips started selling VHS machines, but got screwed by their own tariffs because they had to buy the mechanism in from Matsushita who made it in Japan.
const int one = 65536; (Silvermoon, Texture.cs)
SJW, n: "Someone I don't like, and by the way I'm a fuckwit" - AC
Why United States?
Apple prices may increase because of the massive Tariffs we may be imposing on China - but there is an easy solution where there would be ZERO tax, and indeed a tax incentive. Make your products in the United States instead of China. Start building new plants now. Exciting! #MAGA
Good lordy Trump is such a moron.
Does he truly not realize that consumer prices will rise with either model?
1) Build in China with tariffs: Consumer prices increase.
2) Build in the USA with American wages. Consumer prices increase.
Amazing how Trump has transformed the Republican party into being everything they used to be against.
The shepherds did so well protecting the flock that the sheep no longer believed that wolves existed.
I doubt that they need that many. In the U.S., a million Chinese laborers become 999,000 robots and 1,000 robot technicians.
Just get ready for $8000 iPhones.
every 2 years or so does not count. Since it mostly goes to increase their crazy high profit margin. Don't get me wrong I am all for profit margins. But to point at the tariffs and say that is the problem that will cause higher prices is a bit bold. The prices will go up no matter what. TBH I don't think it will affect Apple much their market will sacrifice most anything to have the latest greatest Apple device/gadget and I say good for Apple.
;)
As I sit here with my old mobile phone that does everything I want. It is all about choice and needs.
Just my 2 cents
given that the official unemployment rate is at a historic low of 3.9%
No, no it isn't. The current U6 unemployment rate as of August 2018 is 7.40, and even that fails to count many people. Anyone who reports the U2 unemployment rate is repeating a blatant and willful lie, which makes them at best an accessory to that lie. Do your research.
"You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
I was just going to suggest Trump supporters are unlikely to believe in recycling anyway LOL
In most cases, no. Recycle the very few materials where it makes economic sense. For the rest, stop pretending.
Sorry Trump, "Those jobs aren't coming back": https://www.nytimes.com/2012/0...
Even if the factories could be built here for a reasonable cost, even if the ecosystem of manufacturing suppliers could be recreated here, even if there were enough people looking for work, Americans would not want to take jobs working at such factories even at average factory wages.
Try to bring those jobs back here and welcome to $2000 iphones.
Because: facts. If you want to "believe", you're welcome to your religion and you may pay to recycle privately.
Finally, Trump told Apple what they needed to do. That was the problem with Apple, their management was totally clueless and had no idea what to do. They probably did not even have a meeting on the subject.
Now that Trump has finally spoken up and now they know what to do!
</sarcasm>
Since when do Apple or their users care about prices?
Twinstiq, game news
with the same very old of date hardware.
Seems he wants everyone else to pay more for domestic labor than he does. Most people feel the same way - in theory they want to support American workers, in pratice they don't want to pay for it either. Can't have it both ways.
https://www.newsweek.com/trump-hire-40-foreign-workers-mar-lago-1011011
You're applying a 3rd world solution (labor) to a 1st world manufacturing problem. In USA you should be building with robots not laborers, and robots don't ask for wages.
No, but the people who program the robots ask for salaries, and the ones servicing them ask for contracts.
I'd really stick it to the US. Just shut down all exports to the US, pending trade talks. We would really feel that.
Trump is playing a very dangerous game with the dragon.
Isn't a tariff just a tax you impose on goods as they enter your country? Wasn't the problem with the Japanese electronics that they were cheaper?
Also, as I recall those tariffs were pretty reasonable. The Japanese gov't was heavily subsidizing it's electronic industry to target foreign industries. The tariffs were in response to that. The reason Japan still came out on top, at least for a lot of American electronics (sorry, I'm a Yank) is the American stuff was kind of crap. And American cars were laughably bad at the time.
Hi! I make Firefox Plug-ins. Check 'em out @ https://addons.mozilla.org/en-US/firefox/addon/youtube-mp3-podcaster/
Sure, if you pay close attention to what they're doing (tariffs, imposing regulations on states to protect corporations in defiance of the 10th amendment, record H1-B labor imports, etc, etc). But if you don't care about policy (or only care about the two big wedge issues, gun control and abortion) they're still on point. They still use rhetoric of low taxes & small government.
The trouble is swing voters. Swing voters don't usually pay attention to policy, they pay attention to how the candidate makes them feel. That's why the beer poll exists and why it's damn near impossible to win without it. And it's why we got Trump (well, that an Hilary was the worst campaigner in human history).
Hi! I make Firefox Plug-ins. Check 'em out @ https://addons.mozilla.org/en-US/firefox/addon/youtube-mp3-podcaster/
Yes. Trump supporters have their own alternate facts also.
Trump didn't offer Apple a place to find the millions of laborers needed to make their products, given that the official unemployment rate is at a historic low of 3.9%.
Are you really arguing that a) it takes literally "millions" of workers to produce cellphones, and b) we can't bring manufacturing jobs back to America because we lack "millions" of workers?
Perhaps without an infinitely large minimal wage-earning workforce, Apple might choose to change it's manufacturing process to leverage more automation? Just a thought.
Ken
Electronic devices like iPhones are already almost entirely built by robots. Robots cut the circuit boards to size, pick and place the components on the boards, and wave solder those components. Specialized testing hardware performs hardware-level verification to ensure that all this happened correctly. The only things that humans do are:
These are things that can't easily be done by robots. Everything that can easily be done by robots already is.
Check out my sci-fi/humor trilogy at PatriotsBooks.
Your explanation is incorrect , or at least this is not what hapenned. Tarif do not "increase profit" for manufacturer, as the tarif is paid on the importer side and directly to the governement. In fact manufacturer only sell the same price as before. If you export a 10$ widget and somebody put a tarif on 50% in the US, what it means is that you STILL sell it at 10$, but the tax import office take 5$ in addition from the importer when the goods are declared. Thus a tarif could not have helped manufacturer increase profit.
C. Sagan : A demon haunted world:
http://www.amazon.com/gp/product/0345409469/
visit randi.org
In most cases, no. Recycle the very few materials where it makes economic sense. For the rest, stop pretending.
Like beer cans. Something Trump supporters should be intimately familiar with.
https://www.beveragedaily.com/...
Production plants don't spring up overnight... even if Apple were to do this, by the time the production plants in the USA were ready, consumer demand for Apple products would have long since completely acclimated to the increased cost a, and the price wouldn't suddenly go back down just because they are building in the USA... given that the USA does not have the ability to produce some things as cheaply as China can, it is unlikely that even if they COULD move production to America overnight, prices would still probably not go down (and may very well increase).
Trump's apparent objective to make America great at everything while other countries will continue to specialize will result in the USA dividing its own resources too finely across too many industries to continue to be the best at anything.
File under 'M' for 'Manic ranting'
China is really good at throwing lots of low skilled manual labor at projects such as manufacturing. Quality control is another issue entirely.
You have clearly never visited China and seen the quality of typical Chinese manufacturing. Or their electrical grid. Or really pretty much anything they do. Third rate and would never be allowed in this country because we have standards. The stuff they ship here is the top 10% stuff going through QA and even then go read amazon reviews on Chinese made electronics. Fast, cheap, right. Which two do you think they chose?
It took decades to destroy the US electronics manufacturing industry. The workers in it were high school grads. Today, they work at Burger King. It would take at least a decade to build a functioning consumer electronics industry.
What is lacking is not labor, but knowhow. Knowhow is the stuff that is not in books or journals, but resides in the heads of people who know how to actually build stuff. It can take decades to build knowhow, and that's exactly what the Chinese, Koreans, Japanese, and Taiwanese have done, at the expense of the US. Lack of knowhow is why the US is currently incapable of building the Saturn V rocket, despite having all the documents ("blueprints") that specified it.
Rare earths are only a temporary problem. Rare earths are not rare, but you can't build a mine overnight.
The real problem with Trump tariffs is that they were done without thought about the strategy of rebuilding those industries. If the industries cannot be rebuilt, then all the tariffs do is increase costs.
Pretty much everything that Trump has done, without approval from Congress, is going to get undone once he's out. So every company is just going to keep things in place, because it would be suicidal to invest in a move, only to have the reason for doing so undone before the move is finished.
https://www.plasticpollutionco...
There’s never been a prolonged shortage of raw materials. And every time someone predicts such a shortage, they end up being laughably wrong.
On paper we're at full unemployment. But funny enough there's a ton of resentment around not having jobs in America. Of course, everyone knows the unemployment stats are nonsense. But we act like they're not.
Labor stats aren't nonsense. They are nonsense when used improperly, which is what most politicians do.
For one thing we've got economists trying to come up with excuses about why wages aren't climbing despite "full" employment.
Because of inflation. Inflation is growing faster than wages. The federal reserve has been allergic to raising interest rates to combat inflation and this is the result. It's not an excuse, it's a reason.
My Other Computer Is A Data General Nova III.
>Load new component reels into the pick-and-place robot.
Believe me or not, this what our company had huge problem.
Not a single man was found for a trivial $60k job to tender a pick and place machine. Oregon, Washington, BC - not a single legit response in 6 month.
I can't imagine to have this issue in China. In Shenzhen you can find a programmer for every chipshooter imaginable in 1 day for such salary.
Cheap I'll give you but build quality? you clearly have no actual first-hand experience of Low-budget Chinese manufacture.
You know, that could be a rare case where outsourcing actually improves the product.
Most ACs are not even worth the keystrokes to insult them. Be generically insulted by this and ignored otherwise.
There were accusations of dumping. Some argue that it was really just the Japanese managing to cost reduce faster than everyone else. Japanese systems of the day do show some interesting cost savings that Philips machines didn't... Even the Philips tapes had big brass rollers in them, when VHS and Beta had both adopted an all plastic design.
const int one = 65536; (Silvermoon, Texture.cs)
SJW, n: "Someone I don't like, and by the way I'm a fuckwit" - AC
We don't know how you ended up with Bozo the Clown for your president...
The media went all in to elect Hillary. They promoted Trump and changed the subject to Trump every time anyone talked about anything else during the campaign. They did this to ensure Hillary's opponent would be Trump, because they were sure Hillary could beat Trump. But they didn't understand that Hillary is terrible — really, really terrible in many different ways. Americans are also tired of being lectured to by people who hold them in contempt. Long story short, Trump won, Hillary lost. Hope that helps.
...but he is an embarrassment to your country in pretty much the entire rest of the world.
Cosmopolitan vanity has negative practical value. There's zero reason to believe that foreigners' opinion of the US matters at all, and Americans who court foreign favor are the ones would should really be embarrassed.
The ones with brass rollers still work.
I should use this sig to advertise my book ISBN-13 : 978-1501515132.
Agree that Hillary was a pretty awful candidate. Electing Trump instead was not a "look how smart we are" moment though.
As for foreigners, America used to have lots of friends in the world. Now you have people who tolerate you out of necessity.
I'm sure that will recover in time once you have a normal person in charge again though.
"Don't you dare to touch our hundreds of billions of profit, we are AAPL and GOOG !" also
"We stash these profits in tax havens, because we have megalomanic traits".
In other words: Trump is 100% right to stop this nonsense.
Agree that Hillary was a pretty awful candidate. Electing Trump instead was not a "look how smart we are" moment though.
Vanity again. The other girls in my middle school class can't even!
Meanwhile, economy is going great, Americans have jobs and a reason to feel good about their economic prospects for the first time in 10 years.
As for foreigners, America used to have lots of friends in the world. Now you have people who tolerate you out of necessity.
I'm sure that will recover in time once you have a normal person in charge again though.
Yeah. I don't care. No one else in the US should care either. Foreign countries claim friendship or don't, and they pursue their own agendas. They'll never choose what's good for the US over what's good for their own people — and they shouldn't.
Are diplomatic smiles genuine or forced? What difference does it make? None.
Obama sitting next to Steve Jobs at a meeting asked "when are the jobs coming back", referring to the million Foxconn workers. Jobs responded, "never, that ship sailed". China has no labor laws. Just prior to the release of the phone 4, a flaw was found the required every single phone unboxed, fixed and reboxed . To make the marketing date all "employees" (slaves?) were forced to work round the clock to fix every single device so Apple could make the marking date. Also, Foxconn has workers as young as 14 chained to desks, workers live in "barracks", and conditions are so grueling, Foxconn installed nets around it's buildings to catch suicide jumpers. Next time you love your little icrap gadget, think about kids chained to their desks so you can blissfully listing with a your ibuds connected. No way any US based company could get away this.
It is "fuck you, I got mines"
You forgot the S
I used to do Perl programming, I had to move from Pittsburgh to Tucson, AZ because there were no Perl positions in Pittsburgh and had to move half-way across the country because they could find no one locally for the position. If you are Shenzhen, there are thousand chip programmers because there are literally a thousand companies with those sorts of jobs, of course there is no problem with finding someone there!
I can imagine most people would not know what a "pick and place machine" is. Why would people apply for a job just because a company is offering a salary? Most companies don't respond to most job applications and why waste time for applying for positions they barely know anything about? Where is the responsibility of the company to train and educate people they wish to employ?
It would cost Apple more to make the iPhone in the US.
Probably twice as much, if not more.
Now, most of the iPhone cost is nothing but profit, so they could in theory absorb it but... why would they? If they could absorb it, they'd own the entire phone market by now by just cutting their ridiculous phone prices.
They'd also have a couple of years of utter mayhem as they built factories, hired workers, moved stock and parts, etc etc.
Much as I hate Apple, it's a stupid idea. The reason that companies *don't* already do everything themselves in the US (or most of the first-world nations) is because it's just too expensive for them to do so. And people likely wouldn't pay the prices they'd have to charge, or their shareholders would revolt at suddenly cutting their (stupendous, sickening) profit in half overnight.
Trump doesn't get economics at all. And he certainly doesn't get trade.
Sure, Apple moving back gives you taxes and jobs. And then China will have no money from you, less incentive to be favourable in their trades, more expensive for everything you DO need them for (which is an awful lot, not least landfilling those phones once they're dead).
And if they were to, say, have a huge electronics manufacturing industry, they could make your life hell overnight, not least by making you source and produce every chip from somewhere else, but also having to compete against their phones that do more for less money. With almost no effort at all.
Meanwhile, economy is going great, Americans have jobs and a reason to feel good about their economic prospects for the first time in 10 years.
That is true in most places. The long recovery from 2008 is not a Trump exclusive
They'll never choose what's good for the US over what's good for their own people
Those are not necessarily mutually exclusive things. Or didn't use to be anyway.
They promoted Trump and changed the subject to Trump every time anyone talked about anything else during the campaign. They did this to ensure Hillary's opponent would be Trump, because they were sure Hillary could beat Trump.
Or... and stay with me here, they promoted trump because as the first reality show candidate all the drama and over-the-top absurdity made them tons of money. As Les Moonves famously said, "It May Not Be Good for America, but It's Damn Good for CBS"
Meanwhile, economy is going great, Americans have jobs and a reason to feel good about their economic prospects for the first time in 10 years.
That is true in most places. The long recovery from 2008 is not a Trump exclusive
The improvement steepened though. And that's versus the literal end-of-the-world predictions from the cosmopolitan vanity people.
Hillary could have won and we'd have 1% growth that is revised down to .9%. uhh, I mean .8%.
Corporatism != Free Market
You have clearly never visited China and seen the quality of typical Chinese manufacturing.
The Chinese are neither worse nor better than anyone else at manufacturing. Cheap, crappy products that come from manufacturers there are such because of the price and quality constraints they were contracted to build at. Specify a higher quality standard and pay for it, and they're just as capable as anyone else of turning out a quality product. The Fender (Fender, not Squier) bass that I own was made under contract by Farida Guitars in Guangdong, China, and is every bit as good as the (more-expensive) basses that Fender makes in Mexico at their own plant. Fender's U.S. instruments *are* generally better than either the Chinese or Mexican instruments, but they also cost 2-3 times as much for the comparable product and even then QC can be kind of spotty at times.
Please stand clear of the doors, por favor mantenganse alejado de las puertas
You and your "ordinary Americans" of which you speak have directly harmed me and my friends and my peers. And even without the economic and, in some cases, physical attacks, I get around the internet, and I see the invective that they spew:
- "libtard"
- "snowflake"
- "moonbat"
- "San Francisco values" used as a slur against Nancy Pelosi (Particularly scummy because her whole damn job is LITERALLY to represent the values and wishes of her constituents, ie. San Francisco. So either they have a profound ignorance of the constitution and what the House of Representatives is for; or they want to eliminate our representation and make us second-class not-quite-citizens.)
- "Peoples' Republic of California"
- "sodom by the Bay"
- "Californians/New Yorkers aren't 'real americans'"
- "It's okay for NK to have nukes, as long as their missiles can only reach as far as California."
- celebration of the electoral collage shenanigans that disenfranchise millions of our voters.
- "Fine people" in the ranks of the swastika-bearing, gun-toting, pedestrian running-over, Charlottesville mob.
And it goes so on and so on and so on. You make it pretty clear that you lot hate my living guts and want to see me and mine at least kicked out of the country, and ideally dead.
And you're surprised and butthurt and dismayed that some of the antipathy is returned? Cry me a bloody river.
Imagine all the people...
I thought the new creedo was "Fuck you. I got mine, now give the people yours".
That's more like it.
The reality is that America remains the largest or second largest consumer market on the planet. If Australia tried to do tariffs we would be screwed because we don't have the buying power that America or China has and our economy is entirely reliant on exports, metals/food. However. The USA has this power. Because there are 300 million consumers inside the United States. Tariffs will work. Only 11-13% of the US economy is exposed to external trade. (Google Trade as % of GDP USA) 87-89% of the US economy is based on trade inside the United States. At worst 13% of US GDP gets lost, but it won't even be that bad. The USA is limiting the trade war primarily to China at the moment. Because of the lack of reliance on outside trade, and because of the robust consumer economy inside the United States the tariffs are capable of bringing jobs back to America. The globalists are not being honest with people about the US situation. If America cut off Australia's imports, Australia would instantly be plunged into a depression. If Australia cut off America's imports the USA wouldn't see much difference at all. America has a great trading power and they need to start using it. Trump is doing the right thing. We need action taken now before the Chinese move militarily to take over the world. They are already making moves to take over Australian territory in Antarctica and they are trying to colonise the South Pacific, using loans to ensnare nations in debt and then build military bases. America needs to bring the tech industry back. Obviously China is still going to have tech capacity. But many western nations refuse to buy networking equipment from China on national security grounds. If America starts making technology again there are many companies that will refuse to buy Chinese tech on any level.
Yes. Exactly like that. Keep telling ordinary Americans you hate them.
Good write up, but slight wrong. America is the world's largest importer. Period. .7% of our GDP.
We import around 2.4 Trillion out of ~19 trillion GDP. So, yeah, around 10-13% of our economy is imports. Oddly, since china imports only 130 B from AMerica, China is only
OTOH, We import ~.6T from China, with their economy being 11 Trillion. So, we impact over 5% of their economy.
THis is NOT something that China can win. The question becomes, what will Trump do? Will he act like W in Afghanistan/Iraq?
I prefer the "u" in honour as it seems to be missing these days.
Neither of those are raw materials, nor do they have anything to do with recycling.
The assembly of the iPhone is a small portion of its costs. All of the significant parts such as processors, displays, chipsets, etc. are made by TSMC, Samsung, etc. overseas and would still be subject to tariffs. So moving assembly here would do little to decrease the costs of the tariffs. And because we would be forced to use more robotics to keep costs reasonable, it would also do little to create jobs.
And, does he really think anyone wants to be building factories while his tariffs are in effect? Most of what goes in a modern factory is made overseas and subject to, guess what, Trump's tariffs.
Moreover, why encourage Apple to move the least sophisticated, lowest skilled portion of the work here? Is that what Trump feels would restore our allegedly lost greatness? How about encouraging home-based chip and display manufacturing? The only US foundry working on 7nm just gave up. Intel is behind on 10nm. The only possible source for Apple's new processors is, guess who, Taiwan.
Taiwan is not China despite the rhetoric out of the PRC and USA does not need to have tariffs on Taiwan, South Korea or Japan. Specifically it is Chinese Labor dumping and Chinese price manipulation that is the problem. Let China sell to India and Africa. America has trade with huge chunks of the world already. If other nations want China they can deal with the defence and economic consequences of dealing with China. Many countries are already waking up to Chinese sovereign interference and are moving to take action. Trump just got out in front of the issue.
Seriously, this one's a red herring. You've got all these advancing technologies that will really improve efficiency by taking humans out of the equation. Everything from the McDonalds kiosks so people can self-order food to the future of self driving trucks, removing the need for human drivers. Why complain about these improvements taking jobs away if other things you could do here are being held back on because of the fear we won't have enough people to do it?
IMO, as you bring back factories to America, you're going to bring them back in a modernized format. The idea Trump wants America back in the 1950's or whatever is kind of stupid. He just wants things to be produced here again, and our excuse for not doing it, to date, has been the flimsy one that 'It's just not profitable to make stuff here anymore, when nations like China can do it so cheap!" There's always been a major hidden cost in letting them build our products, though. That's been their tendency to steal our intellectual property and build knock-offs of whatever product we come up with. How much is THAT costing an American business in lost profits?
It wasn't that long ago that Nokia and Motorola had mobile phone factories in the US - I was there in the 90's. Many computers were also made in the US before. The manufacturing of mobile phones is becoming more and more automated. Even in the Foxconn factory (I've been there too), they are using fewer and fewer workers. The main things making the cost of manufacturing in the US higher than China are regulations related to pollution and taxes. The labor cost in China is getting very close to the US - close enough that it is already making no sense to make some things there and then ship them all the way to the other side of the planet.
China stopped being the lowest labor cost place to manufacture for many industries, years ago. An analysis in 2016 found the cost to assemble iphones in the US would only add roughly 5% to the cost - this was 2 years ago. My only point is entire industries that were in the US and EU 25yrs ago could be moved back home.
https://www.technologyreview.c...
It was the repeal of Glass Steagall in 1999 that directly paved the way for the 2008 crisis, by removing the firewall between depository and investment banking. Who was president in 1999?
The most critical and expensive parts for Apple's phones are now the A11 and OLED displays. I read a breakdown a while ago that indicated that due to the display crunch, over half of the current iPhone's production costs (which are less than half the consumer cost) were in the display module and the processor.
The A11 requires a 10nm process and is currently made by TSMC. There is no working 10nm process in America. Intel's 14nm is roughly equivalent, but that would be a significant redesign for what would be an obsolete product by the time you did it. Anything new they decide to do will be on a 7nm process or better. They could perhaps design for Intel's ever-upcoming 10nm process, but Intel won't have spare volume anytime soon. There is no indication on Samsung's sites that I could find that their Austin facility has anything better than their current 14nm in the works. That is inadequate for iPhone 8 or above products.
The OLED displays have no significant manufacturing in America that I know of. The cost of LG's new OLED display factory in China is $4.7 billion according to one source I just flew by. That would likely be double or triple in America and take years to bring online. Not happening.
They could use Intel's radio. That's something. Perhaps they could find some memory made here.
The recovery was only long because of Obama. His moronic policies stifled the already extant recovery and led to the softest recovery since the economic failure of the new deal.
Offering retailers secret refunds thru offshore (swiss) bank accounts doesnt sound like cost reduction, more like good old bribes ala Intel in ~2000-2005.
https://www.youtube.com/watch?...
Who logs in to gdm? Not I, said the duck.
> trivial $60k job to tender a pick and place
Because this is a >$100K engineering position. You dont "tender" machines, you program them, you need EE with manufacturing/supply chain knowledge.
Who logs in to gdm? Not I, said the duck.
This is not an EE level position. I taught 18 years old boys to do that in one day. Command format is trivial for low speed population: go to bin A, pick, go to X Y and drop - that's it. Only for stuff like optical calibration and like you need a specialist.
... I mean, you don't have to like it, but it's hardly shocking. That was kind of the point of the tariffs.
Lots of "If's"
So did you guys sponsor a program with the local trade school then? High school and trade school is nominally supposed to produce folks capable of picking up those skills on the job fairly quickly, even if it doesn't always.
I'm pretty sure the people 10,000 years from now won't be saying : I wish people had recycled plastic and paper.
I go out of my way to help my friends. Personal friendships aren't like national alliances at all. National leaders have a responsibility to always do what's best for their own people. Individuals can prioritize others over self.
No, we didn't
Since at least 2013, Apple DOES at least Assemble some of their Products in the USA, and are actively taking steps to increase those numbers:
https://www.statesman.com/busi...
https://www.apple.com/newsroom...
https://www.businessinsider.co...
https://www.apple.com/newsroom...
Keep sticking your fingers in your ears and saying "LALALALALALA I'M NOT LISTENING!!!" all you like but you know I'm right. Seriously how much longer can you hold your nose against the stench that Trump has brought to the country? He says "I'm going to drain the swamp!" then turns around and builds a cesspool in it's place. You jackasses need to get off this whole 'stick it to the libtards' shit and wake the fuck up.
"And, the 1980s are now calling to ask for their foreign policy back, because, the Cold War's been over for 20 years."
I think we need an android upgrade for POTUS, the current model seems to be malfunctioning
This solves or decreases two problems:
1. Illegal Immagration from Mexico decreases - It puts jobs in Mexico. A lot of them. Improves the Mexico economy. Because so many more jobs are in Mexico, and because the economy imrpoves, the number of illegal aliens decreases significantly. Now you don't need to build a wall between Mexico.
2. With less immigration, there are more jobs in the US, even though the Apple Jobs didn't come here, the result is actuall more jobs, because when you add a job in Mexico, you keep the entire family in Mexico, where, so you remove not just one illegal immigrant, but with families, there are two adults, and with children, that is a lot of future jobs that stay.
What did you say here Windy...
Where did you get your 9% number? Your ass?
Anything other than this site is BS:
https://data.bls.gov/timeserie...
It's 3.9%. That's what the last administration used, that's what they all used. BLS has the largest sample size of any survey, so it's valid.
Sorry, those jobs are coming back
https://www.usatoday.com/story...
Don't believe the NY Times.
and then wonder why half the inventory has tombstones
Who logs in to gdm? Not I, said the duck.
Anything other than this site is BS:
https://data.bls.gov/timeserie...
That's not a site, that is a page. https://data.bls.gov/ is a site, and another page on that site shows the U-6 rate as 7.4%. However, we know that the U-6 does not actually count all of the unemployed, by design, so we know the number is higher than that.
It's 3.9%. That's what the last administration used, that's what they all used.
The U-3 has always been a lie, and a deliberate one.
BLS has the largest sample size of any survey, so it's valid.
In that case, I'm at least glad to hear you will accept their figure... which is 7.4%.
"You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
America used to have lots of friends in the world.
Nations never have friends. They have interests.
Nations never have friends. They have interests.
It is in your interest that you are in others interest as well.
Call it what you like, but without it all you have is enemies, and nations sure do have those.
Anything other than this site is BS:
https://data.bls.gov/timeserie...
That's not a site, that is a page. https://data.bls.gov/ is a site, and another page on that site shows the U-6 rate as 7.4%. However, we know that the U-6 does not actually count all of the unemployed, by design, so we know the number is higher than that.
Pedantic, much? Heh
It's 3.9%. That's what the last administration used, that's what they all used.
The U-3 has always been a lie, and a deliberate one.
BLS has the largest sample size of any survey, so it's valid.
In that case, I'm at least glad to hear you will accept their figure... which is 7.4%.
So, if we use the U6 numbers (which I don't think anyone uses) https://data.bls.gov/pdq/Surve... (seems to be, alter back to 2006), it seems we were in depression numbers under Obama. Never the less, we are in a historic low. Still I'm amazed at how the Democrats really trashed the country right after 2008. That took some work. Combine that with the fact that Obama couldn't even pass a budget the entire 8 years he was President is nothing short of the worst in history. Can't blame it on the Republicans, he owned Congress his first two years. There is no excuse.
Philips is out of business?
I should use this sig to advertise my book ISBN-13 : 978-1501515132.