Apple CEO Cook Exposes Critical Logical Flaw In Current US Regime's Tariff Policy

18 Mar 2025 | Abstracted from The Street

"...critics point out that Trump's tariffs have prompted retaliatory tariffs from targeted countries...In 2018...Tim Cook had a very pointed outlook on [D.I.C.'s] tariff policy...popular conception is that companies come to China because of low labor costs...China stopped being a low-labor-cost country many years ago

"The reason (for moving jobs to China) is because of the skill. The quantity of skill in one location and the type of skill Chinese workers possess."

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