If Trump forces Apple to manufacture iPhones in the U.S. via tariffs, the products will become more expensive, Americans will replace them less frequently, quality may fall, and resources moved into U.S.-based factories will have to come from other U.S. industries, causing output and prices to rise elsewhere in the economy, resulting in lower American living standards.
causalpending
Speaker
Donald BauerEvidence Quote
“There's no question that if this happens, American standard of living will be lower than otherwise because the prices that the wages that Americans earn that that the prices of the goods that we will have to pay uh to acquire are going to be higher as a consequence.”
Created: 8/11/2026, 7:16:28 AM
My Notes
Loading notes...