Apple vs Trump: iPhones are unlikely to be made in the US, Apple exec implies4
At a Goldman Sachs conference on Tuesday, Luca Maestri, Chief Financial Officer at Apple, addressed a question that stemmed from Trump's continued criticism of Apple's manufacturing facilities in China. He said:
While not directly saying whether Apple will start making iPhone on US soil or not, the answer Maestri gave makes us believe that Apple is looking to keep its factories in China. Furthermore, in order to gain some leverage, Apple is bringing up the argument that it's actually creating jobs in the US, just not in manufacturing.
However, the CFO didn't dismiss the idea of manufacturing iPhone in the US completely. “It's very, very difficult to speculate at this point,” he said, adding that the Trump administration has yet to take any actions towards encouraging US manufacturing.
Maestri also talked about taxes, and specifically – border taxes, which were repeatedly mentioned by the Trump administration. According to the Apple's CFO, nothing good will come out of a potential border tax. He said, “it is very hard for us to imagine that a border tax would be good for the US economy because it is a tax that would end up burdening the end consumer.”
For the time being, it appears that Apple is standing tall and not planning to change its planes for manufacturing. But only time will tell how this conflict will resolve in the end.
source: Apple via TheVerge