US economy is driven mostly by the major businesses and corporations which started by all types of people from different walks of life, from engineers, to businessmen, to entrepreneurs and so on. Having said that, the US market has allowed this capitalist economy to grow by any means even if it required businesses to open their manufacturing plants outside of the US.
China has a reputation of building and manufacturing anything from the smallest item to the largest and most complex in their own manufacturing facilities for a very low cost compared to anywhere else. This may sound convenient for businesses because it allows them to save money and gives them more profit in return. However, this is about to change when president Trump has decided to increase the tax for all imports that are manufactured in a foreign country, especially china with a 45% tariff on all imports coming from there.
The amount of distributors and manufacturers that would be planted in the United States can be huge, and the employment rate can increase tremendously. Foxconn is thinking about starting a manufacturing plant here in the US and they have mentioned this in a meeting with Softbank. Foxconn says that this is a dream or wish that they would like to establish but nothing concrete yet. Chairman of Foxconn has stated that their demand for building bigger size display panels is very good reason to producing in the US than importing from overseas.
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