More automation is coming to Apple manufacturing lines. But that work is slow going, many of Apple’s products are still assembled largely by hand, and it is not clear who will build the theoretical machines and factories that would automate iPhone manufacturing. This is a point that Ryan Petersen, the CEO of logistics company Flexport, brought up on Bloomberg’s Odd Lots podcast Monday. “I talked to two different people who had to pause their factory buildouts [in the U.S.] because of the tariffs, because the machines they were going to buy are too expensive now,” Petersen said. “Factories require machinery and components from other countries, so if machinery gets really expensive you’re going to have less manufacturing, not more. So I think this is very unlikely to yield the results that they want.”
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