WASHINGTON — President Donald Trump announced Wednesday that Apple is pledging $100 billion in additional investment in the United States, the company’s latest move to buy more components from U.S. suppliers and avoid the president’s threat of tariffs on iPhones.
The announcement at the Oval Office, made with Apple CEO Tim Cook, highlighted the creation of Apple’s American Manufacturing Program, focused on bringing more of the company’s supply chain and advanced manufacturing to the United States.
Apple said in February that it planned to spend $500 billion and hire 20,000 people in the United States over the next four years, and open a factory in Texas to make the machines that power its push into artificial intelligence. Apple made similar, smaller pledges during the Biden administrati