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Bad not only for the rest of the world, but even US itself.
Moving company abroad does not necessarily means cheaper workforce. Raw materials are also cheaper as they are normally sourced on local market.
Company under border tax threat will be forced to come back which means paying more in wages to staff and source raw materials outside of US if they are not available on local market. This means less money in companies coffers, less money for development and fierce competition.
In retaliation, countries will slap border tax on America imports. A price of the Iphone 6 in Europe is currently $600-800. Under Trump that price will be definitely a lot higher if Apple decides to move back to US. As you can now tell, not everyone is prepared to fork out $800 for a phone each year, yet $200-300 extra as a result of Trump policies.
'Fuck rest of the world' - you will all change your tune when ENTIRE world turn their back at you the same way America going to turn its back to the rest of the world.
Tit for tat.
Moving company abroad does not necessarily means cheaper workforce. Raw materials are also cheaper as they are normally sourced on local market.
Company under border tax threat will be forced to come back which means paying more in wages to staff and source raw materials outside of US if they are not available on local market. This means less money in companies coffers, less money for development and fierce competition.
In retaliation, countries will slap border tax on America imports. A price of the Iphone 6 in Europe is currently $600-800. Under Trump that price will be definitely a lot higher if Apple decides to move back to US. As you can now tell, not everyone is prepared to fork out $800 for a phone each year, yet $200-300 extra as a result of Trump policies.
'Fuck rest of the world' - you will all change your tune when ENTIRE world turn their back at you the same way America going to turn its back to the rest of the world.
Tit for tat.