←back to thread

162 points TaurenHunter | 1 comments | | HN request time: 0.459s | source
Show context
randyrand ◴[] No.43580117[source]
The USA captures most of the value from selling iPhones worldwide, but yet the entire value of an iPhone counts only as a Chinese export.

Something is not right with how we calculate these things.

replies(4): >>43580160 #>>43580170 #>>43580198 #>>43580241 #
mysecretaccount ◴[] No.43580160[source]
iPhone sales don't count as a US export when calculating the trade deficit? Does anyone have information on this? Seems like a major issue indeed.
replies(3): >>43580204 #>>43580218 #>>43580243 #
thefounder ◴[] No.43580204[source]
Of course they don't because they are made in China. Do you think that Ford cars manufactured in Mexico count as U.S export?
replies(2): >>43580242 #>>43580426 #
1. tzs ◴[] No.43580426[source]
They are assembled in China. Most of the parts are made elsewhere and shipped to China.

Should the entire price of the phone count as a Chinese export?