Apple, 100 billion USD investment in the US - The decision aims to avoid possible tariffs against the company
President Donald Trump announced that Apple will invest an additional $100 billion in the United States. The move will expand the company's commitment to investing domestically and could help it avoid potential tariffs on iPhones.
The new commitment brings Apple's total investment in the U.S. to $600 billion. Earlier this year, the company announced it would invest $500 billion and hire 20,000 workers across the country over the next four years.
The announcement focuses on expanding Apple's supply chain and advanced manufacturing in the US, but still falls short of Trump's demand to manufacture iPhones domestically.
"Companies like Apple are coming home. Everybody is coming home," Trump told reporters in the Oval Office, moments after Apple CEO Tim Cook gave him a U.S.-made souvenir with a 24-karat gold base.
"This is an important step toward the ultimate goal of ensuring that iPhones sold in America are also made in America," Trump added. Asked whether Apple could eventually build complete iPhones in the U.S., Cook noted that many components like semiconductors, glass and facial recognition modules are already made domestically, but said final assembly would remain outside the territories "for the time being."
Although the investment promise is significant, analysts say the figures are consistent with Apple's typical spending patterns and reflect commitments made during the Biden administration and Trump's previous term.
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