Good luck with moving all that to the US!
Good luck with moving all that to the US!
Rare-earths are not actually rare.
The know-how is kind of a problem, but it's really the cheap labour, the zero rights they have (i.e. work now for 12 hours a day no bathroom break), the externalization of things like pollution etc..
It's possible to move most of that to the US ... but it would be complex and expensive. There's no reason to do it today.
Trump is right on some level to want to bring some manufacturing home, I just don't think he's smart enough to consider how, what or why.
Apple isn’t worried about shifting manufacturing to the US. Apple is worried that China will want iPhones sold to the Chinese made in China, India will want iPhones sold to Indians made in India, Europe will want iPhones sold to Europeans made in Europe and so on.
The problem for the US with these demands is that most countries want to step away from globalization, and the US has been the greatest promoter of it, precisely because it had, has, and likely will continue to be the greatest beneficiary of globalization. Trump doesn’t seem to realize this.
Why would a Russian want to pay more money for an iPhone so an American instead of a Chinese could get a job?
I'm sure it wouldn't be an issue to do that again with the right amount of funding. It's interesting to me that people think that doing this is impossible or so difficult that it is nearly impossible.
Anything is possible.