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Apple invests another $100 billion in US manufacturing
The iPhone maker is investing an additional $100 billion in manufacturing in the U.S., bringing its total investment to $600 billion, in an effort to increase domestic production and avoid tariffs.
© Evan Vucci/Associated Press
President Trump called the Apple investment a “significant step towards the ultimate goal of ensuring that iPhones sold in the United States of America are also made in America.”
“This is the largest investment Apple has ever made in America or anywhere else,” he said, alongside Apple CEO Tim Cook in the Oval Office. “And it’s just an honor to have you. As you know, Apple has been an investor in other countries a little bit— I won’t say which ones, but a couple— and they’re, they’