WASHINGTON — President Donald Trump on Wednesday is expected to celebrate at the White House a commitment by Apple to increase its U.S. investments by an additional $100 billion over the next four years.
What You Need To Know • President Donald Trump is expected to celebrate at the White House a commitment by Apple to increase its U.S. investments by an additional $100 billion over the next four years • Apple had previously said it intended to invest $500 billion domestically, a figure it'll now increase to $600 billion • Trump in recent months has criticized the tech company and CEO Tim Cook for efforts to shift iPhone production to India to avoid the tariffs his Republican administration had planned for China • The White House calls Wednesday's announcement with Apple a win for