I calculated the hidden costs of an iPhone made in America. It's not pretty

Could your next iPhone have "Made in America" laser-engraved on the back? Don't hold your breath.

President Donald Trump's administration has again raised the idea that iPhone production could shift from China and India to the US.

"Remember the army of millions and millions of human beings screwing in little screws to make iPhones?" US Secretary of Commerce Howard Lutnick said last April. "That kind of thing is going to come to America."

Also: Are tariffs about to make your next iPhone way more expensive? It's complicated

But is it really?

When you have a device that consists of thousands of parts made by suppliers from all around the globe, and the final product is assembled by hand in countries where wages are low, any hope of that idea quickly evaporates.

Complex ...