Re:Apple CEO Tim Cook 'secretly' signed $275B deal with Chin...
by tooltalk on Thursday December 09, 2021 @06:13PM
(#29504405)
Sure, nobody is expecting an overnight miracle, but it's certainly not going to take anywhere close to a decade either, as Tim Apple and others American executives have deliberately misled all these years.
And no, the US isn't interested in bringing the whole supply-chain back home, it just doesn't want a politically or economically unreliable partner.
Of course it can. Manufacturing moved there over the last 30 years for the low regulation and particularly the low wages that keep manufacturing cheap and allow the bosses/owners to make more money. So, all you need is to accept less profit, which the controlling powers won't do without keeping wages/costs down to soften the blow - Western regulations on safety and workers rights means that's hard so prices will have to rise.
You might do it in a decade, but it'll hurt profits. Hence, USA politicians wading in with 'China can't be trusted all our allies must now buy electronics from us' ... which also helps y'all to spy on us too. Double win for USA.