Can Trump’s tariff threats really bring iPhone production back to US?
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A guest holds the new iPhone 14 at an Apple event at their headquarters in Cupertino, California, U.S. September 7, 2022. — Reuters
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New York/Washington: President Donald Trump has said he wants Apple to make his iPhone in the United States instead of abroad. To advance this, he is threatening the iPhones 25 % tariff that is made abroad but is sold in the United States.
He believes it will bring jobs back home. But experts do not believe. Can taxes on imported phones really change where Apple produces its products?
Experts said on Friday that Trump’s bid faces many legal and economic challenges to prepare the iPhone in the United States.
Trump threatened on Friday that he would impose a 25 % tariff on Apple for any iPhone, but in the United States, his administration was not created as part of the purpose of regenerating jobs. He later told reporters on Friday that 25 % tariff Samsung will also apply for 005930.ks and other smartphone makers. He expects rates to be implemented at the end of June.
“Otherwise it will not be appropriate,” Trump said, if it does not apply to all imported smartphones. “I (Apple’s CEO) had a understanding with Tim (Cook) that he would not do so. He said he was going to India to build plants. I said it was okay to go to India but you would not sell here without taxes.”
Commerce Secretary Howard Lotnik told CBS last month that “millions and millions of people are working to make iPhones a bit, small patch” will come to the United States and will be automated, which will create jobs for skilled commercial workers like mechanics and electrical.
But later he told the CNBC that Cook informed him to do so that technology was not yet needed.
“He said, I need to have robotic weapons, okay, do it a scale and health that I can bring it here. And the day I see, it is coming here.”
Trade lawyers and professors said that the fastest way for the Trump administration to pressure Apple by Trump would be to use the same legal procedure behind the extensive imports of imports.
The law, known as the International Emergency Economic Power Act, allows the president to take economic action after announcing an emergency, which is an unusual and unusual threat to the United States.
“There is no clear legal authority that allows the company’s specific taxes, but the Trump administration can try to connect it under its emergency power authorities,” said Sally Stewart Liang, a partner in Washington’s Akin Gopp.
Liang said other sources of imposing taxes related to the company rely on a long investigation.
But only Apple’s revenue on Apple will provide competitive advantage for other important phones, which disrupts Trump’s goals to bring manufacturing in the United States. “
Experts said that Trump has seen the IEPA as a flexible and powerful economic tool because it is unclear whether the courts have the authority to review the president’s response to the announced emergency.
“In the administration, the administration believes, as long as it enforces the ritual of announcing an emergency and making it extraordinary or unusual, but nothing can happen in court,” said Tim Meyer, a professor of international law at the Duke University.
In a case challenging Trump’s “Liberation Day” prices in the International Trade Court in Manhattan, in a case brought by 12 states, the court is considering the issue, and whether the IEPA allows for revenue.
The mayor said, “If the Trump administration wins in this case,” the president will have no problem with an emergency justification for imposing taxes on the import of iPhone. “
The mayor said that Trump could also include iPhones under the trade deficit emergency, which had already laid the basis for the announced rates.
Weedbish analyst Dan Evas said in a research note, but it may take up to a decade to move in the United States, and the cost of iPhones can cost $ 3,500. Apple’s top -off line iPhone is currently retail for about $ 1,200.
“We believe that the concept of Apple manufacturing in the United States is a fairy tale that is not possible,” said Aus.
Brett House, a professor of Colombia economics, said that even without reaching this period, a price on iPhones would increase consumer costs by complicating Apple’s supply chain and financing.
“None of this is positive for American consumers,” he said.
