Howard Lutnick says he hopes Trump’s tariffs will eliminate China’s ‘army of millions and millions of human beings screwing in little, little screws to make iPhones’ so they can be built in America by robots

Quick Summary:

The Commerce Secretary said the U.S.government would "protect” companies that "invest in America.

Yet, Lutnick, like most Trump officials, believe the U.S.'s trade deficits are a problem for the economy.“They're taking our money, and Donald Trump has seen this, and he's going to stop it,” Lutnick said.

For a long time, China was a core production hub for Apple, where it made both computers and phones.(The White House has slapped Chinese goods with 54% tariffs.

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Article Details

Author / Journalist: Paolo Confino

Category: EconomyBusiness

Markets: United StatesChina

Topics: Howard Lutnick Tariffs and trade Apple iPhone Donald Trump Tim Cook

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-07 @ 16:57:36 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 1058 words

Reading Time: 6 minutes read

Sentences: 4 lines

Sentence Length: 265 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 27668895

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