Howard Lutnick says he hopes Trump's tariffs will eliminate China's ‘army of millions and millions of human beings screwing in little, little screws to make iPhones' so they can be built i...
Apple Inc. (AAPL)
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Source: Fortune
Cabinet officials have repeatedly stated they would like to see consumer goods manufacturing return to the U.S. Lutnick cited Apple's iPhones as an example of a product he'd like to see be built in the U.S. During the first Trump administration, Apple managed to avoid tariffs that would have hit iPhones that were made in China. Commerce Secretary Howard Lutnick said President Donald Trump's recently imposed tariffs, which sent the global markets into a tailspin, were necessary to encourage major companies to begin manufacturing their products in the U.S. Among the products Lutnick hoped would be built in the U.S. are Apple's iPhones. “The army of millions and millions of human beings screwing in little, little screws to make iPhones, that kind of thing is going to come to America,” Lutnick said on Sunday during an interview with CBS's Face the Nation . “It's going to be automated.” The Trump administration announcement last week that the U.S. would impose tariffs on virtually
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