Bringing jobs back to America was a big part of president-elect, Donald Trump’s campaign and apparently, just his being elected has put some fear in the minds of Silicon Valley CEOs that now worry they will be targeted with some economic retaliation if they don’t fall in line.
One of those companies that has sent their manufacturing to places like China, Japan and South Korea is now making plans to bring it’s production facilities back to the good ole USA.
As Nikkei reported:
“Apple asked both Foxconn and Pegatron Corp., the two iPhone assemblers, in June to look into making iPhones in the U.S.,” a source said. “Foxconn complied, while Pegatron declined to formulate such a plan due to cost concerns.”
Breitbart reported that when the president-elect spoke at Liberty University, in June, then “candidate Trump” Stated: “We’re going to get Apple Computer to build their damn computers and things in this country, instead of in other countries.” He added, “We gotta bring back the jobs from China, we gotta bring back the jobs from Japan, and all these countries that are ripping us off. And we’re gonna do that. And we are gonna do that.”
In March, Trump went after manufacturers who relocate production to China, where Apple’s assemblers churn out iPhones, iPads and MacBooks. “How does it help us when they make it in China?”
Breitbart News warned:
“that if the Trump administration is moving to “Make America Great Again!,” Silicon Valley tech firms could be the prime target of 45 percent tariffs on offshore supply chains, tightened immigration affecting H-1B visas, and a “trust busting” wave against unscrupulous monopolistic practices by modern tech corporate “robber barons.”
Cheaper labor in other countries, has encouraged American tech companies to cut American workers out of the loop. Those companies having to pay American workers a reasonable wage takes away from their billions of $$ in profits.
Somehow, I have the feeling Trump isn’t going to accept their excuses any more!