Washington – President Trump and Apple are expected to announce a new $ 100 billion commitment by Apple to promote manufacturing in the US.
A White House official said that the President is ready to make an announcement at the White House with the White House CEO Tim Cook at 4 pm on Wednesday.
According to a White House official, the new investment will make Apple’s commitment to US manufacturing in the next four years to $ 600 billion. And it is expected to include a new “American manufacturing program”, which focuses on bringing Apple’s supply chain and advanced manufacturing to the US
White House spokesperson Taylor Rogers said in a statement that the announcement with Apple will simultaneously help resume the production of important components important to protect America’s economic and national security. ”
Company Announced in February It will invest $ 500 billion in the US over the next four years and appoint 20,000 US-based workers. Apple then stated that it would build a new 250,000 square -foot construction plant in Houston, which is ready to open in 2026, which would make a server to power APLE AI services. The company also said that it will establish an educational academy in Michigan, focusing on construction and promoting its investment in a fund with the objective of promoting innovation across the US.
In May, President Threatened To put 25% tariffs on the iphones outside the US, writing on the truth social that he told Cook that he hoped that iPhones sold in the US “will be built and built in the United States, will be built and built in the United States, not in India, or at any place.”
Kate Gibson contributed to this report.