As President Trump’s trade policy careens along, it’s clear that a key goal is prodding U.S.-based firms to shift foreign production to the United States. The revised NAFTA agreement’s mandate that a certain percentage of auto parts be produced by workers earning at least $16 per hour, for example, is clearly designed to shift such work away from Mexico. The president has also sent tweets encouraging Ford and Apple to escape the impact of tariffs on China by making their products domestically.
Apple prices may increase because of the massive Tariffs we may be imposing on China – but there is an easy solution where there would be ZERO tax, and indeed a tax incentive. Make your products in the United States instead of China. Start building new plants now. Exciting! #MAGA
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