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President Biden announces a series of tariffs on green energy products from China. (lemmy.ml)
submitted 7 months ago by dessalines@lemmy.ml to c/usa@lemmy.ml
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[-] arin@lemmy.world 13 points 7 months ago

Are iphones tariffed as well? It's also from China

[-] LeLachs@lemmy.ml 12 points 7 months ago

Technically. However, the end product is sold by a US company, so from the gov. POV it is fine.

Banning chinese manufactured products would mean banning a huge portion of the domestic market.

[-] Zehzin@lemmy.world 5 points 7 months ago* (last edited 7 months ago)

So US companies will buy things those from China, slap a logo on it and sell American Made goods at a h huge markup

[-] LeLachs@lemmy.ml 4 points 7 months ago

Technically yes. However, most of the time, they just outsource manufacturing. Research and developement is still usually done in house. Apple for example, wrote the software and designed the hardware for the iPhone but assembles it in China because of cost.

this post was submitted on 14 May 2024
376 points (96.1% liked)

United States | News & Politics

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