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Apple CEO Tim Cook will join President Donald Trump on Wednesday for an event touting what the White House calls a new $100 billion investment commitment by the tech giant in the U.S.
The announcement in the Oval Office, set for 4:30 p.m. ET, includes Apple's commitment to a new "American Manufacturing Program," a White House official confirmed to CNBC.
With the new pledge, Apple's total investment in the U.S. over the next four years now totals $600 billion, the official said.
Bloomberg first reported Apple's new investment pledge earlier Wednesday.
The meeting comes as Trump has pushed Apple to make its products in America — a feat that experts say would jack up prices by hundreds of dollars, if