Part 7/10:
This move raises the possibility that soon, products like iPhones could be assembled domestically, reflecting a broader effort toward reshoring manufacturing to the U.S. economy. However, skepticism remains. Mick Mulvaney, a former White House chief of staff, expressed doubts about Apple’s intentions, suggesting that some corporate statements might be more strategic than genuine. He pointed out that Tim Cook, Apple’s CEO, indicated that these investments could take longer than four years, extending beyond Trump’s presidency, which might imply that Apple is planning for a long-term presence regardless of political changes.