The reason tech companies including Apple don’t already manufacture devices in the US is that the cost of domestic manufacturing and labor in the US is currently still too high for them to consider abandoning their international supply chains. Tariffs might be pushing the price of goods up, but shifting production to the US is only likely to exacerbate the rising cost of almost everything we buy.Apple’s CEO Tim Cook has reportedly agreed to increase the amount of iPhone production that takes place in the US. Back in February, Apple announced plans to boost US-based production with a $500 billion investment that will see it build new manufacturing facilities and a manufacturing academy across multiple states. Is Manufcturing of iPhone in US likley to drop the Apple market share ?
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