Foxconn head predicts a surge in US manufacturing in the coming years

The CEO of Apple partner Foxconn has broken silence on President Trump’s tariffs, and is predicting disruption and perhaps an expansion of US manufacturing by big tech in the coming years.

The remarks by Foxconn CEO Young Liu during an earnings call were uncharacteristic for the executive. When asked about the impact of tariffs, the executive didn’t dance around the matter.

“The issue of tariffs is something that is giving the CEOs of our customers a big headache now. Judging by the attitude and the approach we see the US government taking towards tariffs, it is very, very hard to predict how things will develop over the next year,” Liu said. “So we can only concentrate on doing well what we can control.”

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Source: AppleInsider News