Trump, Apple to Announce New $100B Commitment to Manufacturing in US
18 days ago
- #Trump
- #Manufacturing
- #Apple
- President Trump and Apple to announce a new $100 billion commitment to boost U.S. manufacturing.
- Announcement scheduled for Wednesday at 4 p.m. at the White House with Apple CEO Tim Cook.
- Investment increases Apple's U.S. manufacturing commitment to $600 billion over four years.
- New 'American Manufacturing Program' to focus on bringing more supply chain and advanced manufacturing to the U.S.
- White House spokesperson highlights economic and national security benefits of reshoring production.
- Apple previously announced a $500 billion investment and plans to hire 20,000 U.S. workers.
- New manufacturing plant in Houston to make servers for Apple's AI services, opening in 2026.
- Apple to establish an educational academy in Michigan focused on manufacturing.
- President Trump threatened a 25% tariff on iPhones made outside the U.S. in May.