The Apple iPhone is assembled in this country, most cars on Brazilian roads are made in local factories, and the biggest employers are homegrown giants.

Brazil’s World War II-era policy of protectionism has kept some jobs home but has also driven up costs for consumers and, according to economists, stifled competition and innovation. That iPhone 16 made in Brazil costs almost twice as much as a Chinese-made model sold in the U.S. for $799.

https://archive.ph/kdI5p

Trump.

If anyone in an Apple marketing meeting suggested that the sales price should be tied to the cost of manufacturing, they'd get laughed out of the room.