Donald Trump Tells Tim Cook He'll Offer Apple 'Very Large Tax Cut' to Make Products in America

Discussion in 'Politics, Religion, Social Issues' started by MacRumors, Nov 23, 2016.

  1. MacRumors macrumors bot

    MacRumors

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    In a recent interview with The New York Times, President-elect Donald Trump said he received phone calls from Apple CEO Tim Cook and Microsoft co-founder Bill Gates after winning the presidential election earlier this month.

    [​IMG]
    Donald Trump at The New York Times offices in Manhattan

    Trump told Cook it will be a "real achievement" for him when he gets Apple to make its products in the United States, as opposed to countries like China and Vietnam where many of its current manufacturing partners operate.
    Cook acknowledged the proposition by nondescriptly saying "I understand that," according to Trump.

    Trump said he is confident Apple will turn to U.S. manufacturing based on the incentives he plans to offer the iPhone maker, including a "very large tax cut" and "substantial regulation cuts" for corporations.
    A recent report said Apple asked its Taiwanese manufacturing partner Foxconn to study the possibility of moving iPhone production to the United States, although Foxconn chairman Terry Gou is said to be less enthusiastic about the idea due to inevitably higher production costs compared to China.

    While campaigning at Liberty University in Virginia earlier this year, Trump said "we're going to get Apple to start building their damn computers and things in this country instead of in other countries," while he has also threatened to introduce a 45% tax on products imported from China.

    Cook previously said Apple manufactures iPhones in China because the country has put an "enormous focus on manufacturing," while noting the U.S. workforce has a smaller number of individuals with the "vocational kind of skills" needed.
    Apple also benefits from lower wages in China, where many of its suppliers are located within close proximity of each other. In Asia, Taiwan's TSMC makes A-series chips for iPhones, Japan's Sharp and Japan Display supply iPhone displays, and South Korea's SK Hynix and Japan's Toshiba produce memory chips for the device.

    Apple does have a Mac Pro manufacturing facility in Austin, Texas, operated by Flextronics, but it is a limited effort given the relatively low production volume of its high-end desktop computer.

    Cook was personally a Hillary Clinton supporter, hosting a fundraiser for the Democratic presidential nominee in August on behalf of himself. In a company-wide memo issued following Trump's victory, Cook urged Apple employees to "move forward together" despite "uncertainties ahead."

    Apple as a company showed support for both the Democratic and Republican parties during their respective campaigns, but it reportedly withheld support for the 2016 Republican National Convention due to Trump's controversial comments about minorities, women, and immigrants, among other subjects.

    Note: Due to the political nature of the discussion regarding this topic, the discussion thread is located in our Politics, Religion, Social Issues forum. All forum members and site visitors are welcome to read and follow the thread, but posting is limited to forum members with at least 100 posts.

    Article Link: Donald Trump Tells Tim Cook He'll Offer Apple 'Very Large Tax Cut' to Make Products in America
     
  2. OneBagTravel macrumors 6502

    OneBagTravel

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    Or at least a transition to making them here. I don't think anyone expects apple to flip a switch and make it all here. Would be nice.
     
  3. luckydcxx macrumors 65816

    luckydcxx

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    As much as some people hate Trump there is no way you can say this is a bad thing to bring jobs and manufacturing back to the US.
     
  4. Nicksd84 macrumors 6502

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    It is if it leads to hyper inflation and no real growth in total production.
     
  5. djcerla macrumors 68000

    djcerla

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    That American workers are going to be happy with that kind of job remains to be seen.
     
  6. SSD-GUY macrumors 6502a

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    #6
    Imagine, just imagine Mac prices when they get built in the west instead of cheaper countries in the East.

    *Shudders*
     
  7. 5aga macrumors 6502

    5aga

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    Manufacturing will be mostly done by robots within 5 years anyways.
     
  8. Nimrad macrumors 6502

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    #8
    So, future iPhone will now be made in the US by robots made in Asia?
     
  9. joeblow7777 macrumors 603

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    I understand that it's an incentive for the greater good of bringing jobs back to the U.S., but why does it always end up being the big corporations that get tax cuts?
     
  10. luckydcxx macrumors 65816

    luckydcxx

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    Why would it lead to hyper inflation? Even if there was no growth in production it would help the US economy a great deal.
     
  11. Paradoxally macrumors 68000

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    But at least you'd save money on distribution.
     
  12. Juan007 macrumors 6502a

    Juan007

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    Don't fall for it Tim, 2 seconds after you open the factory Trump will send the FBI to put data stealing HW in all your phones. Also who will work there after Trump throws all immigrants in jail?
     
  13. Nimrad macrumors 6502

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    As you point out. The big corporations are those making the most new jobs.
     
  14. Paradoxally macrumors 68000

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    What, like the FBI wanted to do under Obama?
     
  15. webbuzz, Nov 23, 2016
    Last edited: Nov 23, 2016

    webbuzz macrumors 65816

    webbuzz

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    MAGA - Make Apple Great Again? :eek:

    [​IMG]
    It's a step in the right direction.
     
  16. rdowns macrumors Penryn

    rdowns

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    We need to stop with this charade of manufacturing jobs coming back to the US. The vast majority of manufacturing hat comes back uses automation.
     
  17. luckydcxx macrumors 65816

    luckydcxx

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    You mean illegal immigrants? Yes they are here illegally. Why would all legal immigrants be thrown in jail? That doesn't make sense.
     
  18. TurboPGT! Suspended

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    #18
    All positive transitions are painful, this one will be no different. But you can't argue with it. It doesn't make any sense for iPhone and others to prop up the Chinese economy the way it does.

    Apple is a US company and should be creating jobs in the US, not China. I don't blame them of course. No one does. Apple is doing what any smart company would do today. Business is business. And Trump knows business. He knows full well that is has to become the smart business decision to build in the US...and once it is, they will.
     
  19. BootsWalking macrumors 6502a

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    The American taxpayer shouldn't be asked to subsidize the domestic production of a $600B corporation. Those tax incentives would be put to better use helping small businesses instead.
     
  20. Fzang macrumors 65816

    Fzang

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    How does bringing jobs back to the US help if there's nobody there to take them? You can't just regulate your way out of a complacent workforce.
     
  21. TurboPGT! Suspended

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    Some people don't understand the difference.
     
  22. Carlanga macrumors 604

    Carlanga

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    Yes, w huge taxcuts
     
  23. BeefCake 15 macrumors 65816

    BeefCake 15

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    Maybe make the Mac mini in the US too next to the Mac Pro!
     
  24. kagharaht macrumors 6502a

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    Good luck with that. I don't think 60K a year can be affordable vs what companies pay now for overseas manufacturing. Even Trump and his branded products are all made in the East.
     
  25. TurboPGT! Suspended

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    #25
    Given the disgraceful unemployment rate in the US, I'd say there are plenty of people available for those jobs. Once we get them off welfare and into the workforce.
     

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