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Trump in conversation with Tim cook promised a tax break if Apple will move the iPhone production from China to USA

The US President-elect Donald trump spoke about the call of the head of Apple Tim cook, who called him to congratulate c win the election. Edition of the New York Times became known, what did you talk about the two leaders.

“I got a call from Tim cook from Apple and I said, “Tim, you know one thing that will be a great achievement for me if Apple will build a large plant in the United States or many plants in the US and instead go to China, Vietnam and other places, where you go, will start to produce it, – told the trump.

According to the journalists, the answer Tim cook was very evasive. “I understand,” said the CEO.

“I think we’ll give you incentives and you will make it. We are going to very significantly reduce taxes for corporations, you will be satisfied,” added trump.

Earlier it was reported that Apple was in negotiations to move production of the iPhone in the U.S., but the supplier Foxconn, such a scenario is considered extremely unlikely, as in this case, the price build iPhone will double.

Apple also discussed the possibility of moving the production of iPhone in the US with the other contract manufacturer, Pegatron, but the latter almost immediately rejected the offer because it is unprofitable. And it is not in the different wages in the United States and China. In the past, Tim cook has repeatedly stressed that China simply is the center of world production.

To move production from China to the United States without negative consequences for Apple are required by state subsidies and major tax breaks. If trump will keep his promise, then perhaps in the near future for your iPhone will show off the label “Made in USA”.

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