They are paying living wages in a country where them wages are lower than in the US, it’s called arbitrage. Also if Apple could not have had access to that labour and skill it would never have been worth trillions in the first place, so trying to move production to the US now
ECONOMY
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Stablecoins: Enabling Permissionless Global Payments
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Stablecoins: Payments Without Intermediaries The internet made information free and global. So why is it still so hard — and expensive — to move money? The early internet promised a future where anyone could publish, build, or transact without permission. Protocols like email
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Manufacturing costs and supply chain challenges in domestic production
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Sad that the machines also come from china and the people who know how to build them are like retired. but sure, make them at home, need to pay US salaries tho, so house prices will go up with the same % as the nails as the cost travels upwards
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Manufacturing costs and job displacement in domestic production
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What industry? it will cost $4000 a pair if they where made in the US, you are kicking out all the people willing to take these jobs. what trash are you talking about
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Tariffs Drive Automation but Efficiency Gains Won’t Offset Losses
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If tariffs lead to more automation, it’s still unlikely that productivity gains will offset the huge losses stemming from supply chain disruption and added import costs. “The main first-order effect of tariffs is they will make everything less efficient,” says Erik Brynjolfsson,
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Trump Tariffs Impact AI Automation and Robot Economics
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https://
time.com/7276087/trump-
tariffs-ai-automation-robots/
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Will tariffs bring back jobs or accelerate automation?
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@billyperrigo asks @DAcemogluMIT , @carlbfrey and me: "Will tariffs bring back jobs, or lead to faster automation?" 1/3 -
Market Manipulation Enriches AI Investors Amid Ethical Concerns
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And everyone that manipulated the market is now a lot richer….
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Manufacturing Dependence on China: Machines and Supply Chain Challenge
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and the machines making the things are also made in China. Imagine when they figure that out. Bring back manufacturing to America, but wait? who makes the machines? Right China makes them too.
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US Pauses Tariffs 90 Days Except China at 125%
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Slow the madness, tariffs are officially paused for 90 days. except for China that now has 125% tariffs.