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

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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 - Fortune

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.