(In an interview with the Wall Street Journal.)
More at the link: https://www.wsj.com/articles/trump-...-three-manufacturing-plants-in-u-s-1501012372
Apparently the three plants will be beautiful. Although Trump doesn't know when and where they'll be built.
Trump like big objects and is under the illusion that he has put pressure on Apple CEO Tim Cook.
Apple declined to comment.
____
Apple currently employs 80,000 people in the U.S.
Trump making more assumptions about manufacturing jobs being created that people in New York will move to Iowa.
Here's what one professor had to say with regards to Apple moving manufacturing to the US. Hint: Higher costs and losing ground to competition.
More at the link: https://www.wsj.com/articles/trump-...-three-manufacturing-plants-in-u-s-1501012372
Apparently the three plants will be beautiful. Although Trump doesn't know when and where they'll be built.
Mr. Trump, in a 45-minute interview with The Wall Street Journal, said Mr. Cook promised him Apple would build three big plants, beautiful plants. Mr. Trump didnt elaborate on where those plants would be located or when they would be built.
Trump like big objects and is under the illusion that he has put pressure on Apple CEO Tim Cook.
I spoke to [Mr. Cook], hes promised me three big plantsbig, big, big, Mr. Trump said as part of a discussion about business-tax reform and business investment. I said you know, Tim, unless you start building your plants in this country, I wont consider my administration an economic success. He called me, and he said they are going forward.
Apple declined to comment.
____
Apple currently employs 80,000 people in the U.S.
Apple has said it supports about two million jobs in the U.S., including its own employees and those of suppliers, app developers and entrepreneurs who offer products across its devices. The company directly employs 80,000 people in the U.S.
Trump making more assumptions about manufacturing jobs being created that people in New York will move to Iowa.
Mr. Trump also said Tuesday that Foxconn plans to build a big plant in the U.S. and is strongly considering putting it in Wisconsin.
In an emailed statement earlier this week, Foxconn said it was reviewing potential locations for establishing manufacturing facilities in the U.S. but declined to name them.
In Tuesdays interview, Mr. Trump said people in New York and other states without jobs will have to move to states like Wisconsin, Iowa and Colorado that are adding manufacturing.
Youre going to need people to work in these massive plants, Mr. Trump said. Im going to start explaining to people: When you have an area that just isnt working like upper New York state, where people are getting very badly hurt, and then youll have another area 500 miles away where you cant get people, Im going to explain, you can leave. Its OK. Dont worry about your house.
Here's what one professor had to say with regards to Apple moving manufacturing to the US. Hint: Higher costs and losing ground to competition.
Jason Dedrick, a professor focusing on the globalization of information technology at Syracuse University, said in December that forcing Apple to shift manufacturing to the U.S. could put it at a competitive disadvantage to rivals like Samsung Electronics Co. He estimated that assembling iPhones in the U.S. would add $30 to $40 in production costs to each device. He would raise that total to $80 an iPhone if components like the processor, memory and display were also made in the U.S.
Mr. Dedrick said that if Apple lost competitive ground to rivals, it could put some of Apples high-paying U.S. jobs in marketing and engineering at risk. You have to ask: Do you want to put well-paid engineers out of work because you created policies to create assembly jobs? Mr. Dedrick said.