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News in English (USA) / 07.08.2025 / 10:00

Apple and Trump Announce $100 Billion US Manufacturing Investment

In a significant move following pressure from the Trump administration, Apple has committed to a $100 billion investment in US manufacturing. This decision was unveiled during a live announcement at the White House, where Apple CEO Tim Cook presented Trump with a lavish 24-karat gold and glass gift to mark the occasion. The investment aims to bolster Apple’s production capabilities in the US amidst looming tariff threats on Chinese imports. As a part of the broader expansion, Apple will manufacture all glass for its iPhone and Apple Watch products in Kentucky and plans to increase its total US investment to $600 billion. Analysts predict this pledge will ease concerns regarding tariffs and could lead to a rise in Apple’s stock as the company navigates a complex economic landscape.
The Verge, The New York Times, The Washington Post, Apple, The Guardian, Reuters, CNN, CNBC, Bloomberg.com, Yahoo Finance