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Utopia Talk / Politics / Trump wasn't happy with Tim Apple
murder
Member | Thu May 15 19:27:21 Trump says he doesn’t want Apple building products in India: ‘I had a little problem with Tim Cook’ U.S. President Donald Trump on Thursday said he told Apple CEO Tim Cook that he doesn’t want the tech giant to build its products in India, taking shots at the company’s moves to diversify production away from China and urging him to pivot stateside. “I had a little problem with Tim Cook yesterday,” Trump said. “I said to him, ‘my friend, I treated you very good. You’re coming here with $500 billion, but now I hear you’re building all over India.’ I don’t want you building in India.” Trump was referencing Apple’s commitment of a $500 billion investment in the U.S. which was announced in February. Apple has been ramping up production in India with the aim of making around 25% of global iPhones in the country in the next few years, as it looks to reduce reliance on China, where around 90% of its flagship smartphone is currently assembled. “I said to Tim, I said, ‘Tim look, we treated you really good, we put up with all the plants that you build in China for years, now you got build us. We’re not interested in you building in India, India can take care of themselves ... we want you to build here,’” Trump said. The U.S. president added that Apple is going to be “upping” its production in the United States, without disclosing further details. CNBC has reached out to Apple. Trump made the comments about the U.S. tech giant while discussing Washington’s broader trade relations with India. Trump said India is “one of the highest tariff nations in the world,” adding the country has offered a deal to the U.S. where “they are willing to literally charge us no tariff.” Under the White House’s trade protectionist policies revealed in April, Trump has imposed a so-called reciprocal tariff of 26% on Indian goods, which has been temporarily lowered until July. Apple’s main assembly partner in India, Foxconn, received approval from the Indian government on Monday to build a semiconductor plant in the country in a joint venture with HCL Group. Apple has spent decades building up its supply chain in China, but has looked to other countries like Vietnam and India to expand its production capacity. But experts generally agree that moving production of the iPhone to the U.S. would be highly unlikely because of the final price of the end product. Varying estimates put the cost of an iPhone between $1,500 to $3,500, if it were made in the U.S. Apple currently makes very few products in the U.S. Currently, the Cupertino, California, giant produces the Mac Pro in the U.S. In February, it announced it would launch a manufacturing facility in Texas to produce servers for Apple Intelligence, its artificial intelligence system. http://www...building-iphones-in-india.html |
murder
Member | Thu May 15 19:33:00 I like how the GOP now stands for whatever the hell Trump is feeling at the moment. We are practically a centralized economy now and Republicans are more than fine with it. |
tumbleweed
the wanderer | Thu May 15 20:23:20 he also threatened Mattel w/ 100% tariffs if they don't build here R's (now) love dictating behavior of companies |
Pillz
breaker of wtb | Thu May 15 20:47:58 Nuances of politics are far beyond either of your abilities to comprehend. A byproduct of offering up your brains to DNC ideological propaganda as sacrifices. |
murder
Member | Fri May 16 07:39:06 100% guaranteed that if Trump came out today and announced free healthcare for everyone, MAGA would cheer like they won the Super Bowl and crap on Democrats for talking about it for years but not following through. They are blindly for anything that Trump frames as a win. - |
murder
Member | Fri May 16 07:42:21 "Nuances of politics are far beyond either of your abilities to comprehend." Is that what your AI told you? What fucking nuances, Pillz? As of *checks calendar* yesterday Republicans opposed government interference with private enterprise. Today they clap like seals at the circus at Trump dictating to companies where and when they must build ... shareholders be damned. Explain the nuance to me like I'm a 5 year old. - |
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