The President-elect Donald Trump has already started fulfilling the pledges that he made during the campaign trail; Mr. Trump is trying to convincing the giant smartphone maker Apple to manufacture its products in the United States instead of other nations.
Apple usually conducts it’s manufacturing with partners located in countries such as Vietnam and China; Mr. Trump is offering Apple several incentives for the company to establish at least one plant in United States and manufacture its products locally.
The President-elect confirmed in an interview with The New York Times that both Microsoft co-founder Bill Gates and Tim Cook the Apple CEO had called him shortly after winning the presidential election. The President-elect also highlighted his interest saying that it would be a real achievement if he managed to convince the giant smartphone maker to manufacture its devices in the United States. Tim Cook acknowledged Trump’s intents saying that he totally understands.
The President-elect told Tim Cook that it was possible for Apple to build a huge plant or several big plants in the United States as he added that it’s possible with the right incentives in place.
Regulation And Tax Cuts
The President-elect added saying that he believes that Apple will take into consideration the offer based incentives that he has in mind; such will include very large tax and substantial regulation cuts.
Mr. Trump added saying that Big Tax cuts are at the moment impossible due to the regulations in place. This necessitates that the regulations be eliminated. Mr. Trump added that the regulations are ridiculous and have made it hard for corporations to expand.
In a report made by Apple, the company has asked one of its partners involved in manufacturing to consider as shift in production to the United States. The Foxconn expressed his dissatisfaction in the idea saying that it will increase cost.<<Back