Washington — President Trump and Apple are expected to announce a new $100 billion commitment by Apple to boost manufacturing in the U.S.
The president is set to make an announcement at the White House at 4 p.m. on Wednesday alongside Apple CEO Tim Cook, a White House official said.
The new investment would increase Apple's commitment to U.S. manufacturing to $600 billion over the next four years, according to a White House official. And it's expected to include a new "American Manufacturing Program" focused on bringing more of Apple's supply chain and advanced manufacturing to the U.S.
White House spokesperson Taylor Rogers said in a statement that the announcement with Apple "will simultaneously help reshore the production of critical components to protect America's economic and nati