Dear Reader,

There's a twist to this tariff story you may not have considered yet...

Did you hear that just before Trump's tariffs took effect, Apple sent five cargo planes packed with MacBooks and iPhones from China and India to the U.S.?

That's because Apple's doing whatever it can to save the company and stop investors from dumping their stock.

The iPhone maker is now down nearly $800 billion in market value in just a few days.

And they won't stop there...

After all, it's rumored that tariffs could drive up the price of an Apple iPhone to as much as $3,500!

Do you really think Apple is going to take years to build out new factories in America and have workers from Michigan to Milwaukee installing touchscreens?

Of course not.

That's why experts like Oxford economist Carl Frey are stepping forward to warn:

There's no reason whatsoever to believe that [tariffs are] going to bring back a lot of jobs. Costs are higher in the United States. That means there's an even stronger economic incentive to find ways of automating even more tasks.

In other words, rather than bringing manufacturing jobs back to the U.S., Trump's tariffs could instead take millions of jobs away from everyday Americans...

And replace them with a single powerful new technology that's gaining momentum like you wouldn't believe.

In fact, Bloomberg recently reported that Apple and Meta are "set to battle" over this technology, which PwC estimates could be worth as much as $16 trillion.

I recently flew a camera crew halfway across the country to meet me in Fort Worth, Texas so I could share this story with as many people as possible.

Please take the next few minutes to watch it here.

Regards,

Eric Wade
Senior Editor, Stansberry Research

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