| ▲ | thefounder 14 days ago | |
Of course they don't because they are made in China. Do you think that Ford cars manufactured in Mexico count as U.S export? | ||
| ▲ | sam_lowry_ 14 days ago | parent | next [-] | |
Not only China but let us assume iPhones are made in China only. China gets a modest share of the profits, because Apple pockets the rest. Reinvesting a fraction in US and stashing most of the profits in banks across the world that use this money as leverage to buy US bonds, among other things. | ||
| ▲ | tzs 14 days ago | parent | prev [-] | |
They are assembled in China. Most of the parts are made elsewhere and shipped to China. Should the entire price of the phone count as a Chinese export? | ||