There are a few reasons why this might not be a good idea:
- it pisses off trade partners who may not act as rationally as you expect
- it might not be possible to manufacture an iPhone without cheap labour
Both of these will disrupt trade significantly, meaning productivity drops and the global economy suffers, reducing economies of scale and creating a negative feedback cycle that continues.
Also manufacturing jobs are crap, regressing your economy towards that will lower the standard of living for your citizens in general. The reason cars are manufactured in the US is to reduce shipping costs and give a great marketing line. Firearms it’s to reduce dependencies on other nations for weapons.
- it pisses off trade partners who may not act as rationally as you expect
- it might not be possible to manufacture an iPhone without cheap labour
Both of these will disrupt trade significantly, meaning productivity drops and the global economy suffers, reducing economies of scale and creating a negative feedback cycle that continues.
Also manufacturing jobs are crap, regressing your economy towards that will lower the standard of living for your citizens in general. The reason cars are manufactured in the US is to reduce shipping costs and give a great marketing line. Firearms it’s to reduce dependencies on other nations for weapons.