Homeward Bound? A Challenging Journey for US Manufacturing - Context
by Fixed Income AllianceBernstein
President Trump’s administration wants US multinationals to bring offshore manufacturing and jobs back home. But Apple’s iPhone is an example of how international supply chains could make the job difficult.
In this infographic, we show how a sample of nine companies from Apple’s supply chain represent $122 billion in assets and 525,000 employees, all of which would need to be relocated to bring iPhone manufacturing back to the US. And the chain gets even more complex the further down it you go. Below these nine are even more layers of component and subcomponent suppliers outside the US, which could triple the costs and further complicate the logistical challenges of relocation.
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