President Donald Trump will announce that Apple Inc. will commit to spending another $100 billion on domestic manufacturing, the latest pledge by the tech giant to increase U.S. production of its products as it seeks to avoid punishing tariffs on its flagship iPhones.
The announcement at the White House on Wednesday includes a new manufacturing program designed to bring more of Apple’s supply chain to the United States, with an eye toward manufacturing additional critical components domestically, according to a White House official who detailed the announcement on the condition of anonymity. Apple Chief Executive Officer Tim Cook is expected to attend.
“President Trump’s America First economic agenda has secured trillions of dollars in investments that support American jobs and bolster A