Why Your Gadgets Might Cost More Under President Trump

[AndrewFreedman]

Your next smartphone, laptop or game console could get a lot more expensive, depending on how President Donald J. Trump deals with trade policy.


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[punk4evr]

I believe that the it is a total fallacy that companies will move back to the usa and here's why. First the Cost to build a new factory here, is much much greater than in many other places ( due to labor costs and now steel costs). Also the difference in employee pay rates alone, would most likely still make the cost of operation in the USA much more than the Tariff or Tax. So you add the increased cost of employee payment and the new facility construction costs will totally not offset the difference operation costs to move back to the USA.

 

[AndrewFreedman]

I believe that the it is a total fallacy that companies will move back to the usa and here's why. First the Cost to build a new factory here, is much much greater than in many other places ( due to labor costs and now steel costs). Also the difference in employee pay rates alone, would most likely still make the cost of operation in the USA much more than the Tariff or Tax. So you add the increased cost of employee payment and the new facility construction costs will totally not offset the difference operation costs to move back to the USA.

The analysts I spoke agreed it would be very difficult -- could take years if they tried. Besides labor and facilities, you would still need to import parts, and those would have tariffs, too. So you're right in that there would definitely be costs that companies would probably want to make up for.