The Liberty Phone, created by Purism, is a smartphone that qualifies as "Made in the USA" according to FTC standards, despite not every component being sourced domestically. Purism's founder, Todd Weaver, discusses the challenges of U.S. manufacturing, the intricate supply chains involved, and the company's commitment to transparency and control over their production processes. The Liberty Phone is priced at $2,000 and targets a niche market focused on security and ethical production.