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Comment by dhosek

Even before I clicked the link, I was sure the answer was Brazil. It's not so much the taxes that raise the prices as the tariffs (which are kind of invisible taxes in that they are paid through higher prices rather than directly—which is part of what made a former president's boasting about raising tariffs somewhat absurd. It seemed he believed that the exporting country paid the price of the tariffs and not domestic consumers in the form of higher prices). I remember that there were plans to build a Foxconn factory in Brazil specifically to manufacture iPhones for the Brazilian market because of the tariffs (I don't know if this ever happened, I think maybe it did?).
parent dhosek 4 years ago

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