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Opinion

Asian companies must not be fooled by 'Made in America' mirage

Appeasing Trump by switching manufacturing to the US must not dominate thinking

| North America
U.S. President Donald Trump, left, and Foxconn Chairman Terry Gou attend the groundbreaking ceremony for the Taiwanese technology group's new manufacturing facility in Wisconsin on June 28.   © Reuters

Donald Trump may be the Art-of-the-Deal president, but Terry Gou recently schooled him on how it is done.

The Taiwanese tycoon does not do small. His Foxconn Technology Group is Apple's main iPhone assembler, one of the biggest employers in China and savior of Japanese corporate icon Sharp. Now the 67-year-old is turning his sights to an economy Trump claims to be making great again.

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