Apple to ramp up US manufacturing with additional $100bn investment

• Trump pledges tariff exemptions for companies like Apple that commit to US-based production.
• Trump credits Apple’s increased investment to his “America First” manufacturing policy.
• A new 100% tariff on imported chips and semiconductors aims to push tech production back to the US.
• Apple CEO Tim Cook confirms new deals with 10 US firms to expand domestic manufacturing.

President Donald Trump has revealed that Apple will increase its investment in the US by $100 billion.

As reported by The Guardian, Trump attributed the move to his “America First” policy during an Oval Office event alongside Apple CEO Tim Cook.

“This is the largest investment Apple has ever made in America and anywhere else,” Trump said. “ Apple’s been an investor in other countries a little bit. I won’t say which ones, but a couple. And they’re coming home.”

Trump noted that Apple now plans to invest a total of $600bn in the US over the next four years.

On tariffs 

President Trump reiterated his push for domestic manufacturing and announced a 100% tariff on imported chips and semiconductors to discourage overseas production.

“We’re going to be putting a very large tariff on chips and semiconductors,” Trump explained.

“But the good news for companies like Apple is - if you’re building in the United States or have committed to build, without question, in the United States - there will be no charge.”

Apple CEO Tim Cook confirmed the increased domestic investment, stating he had signed new agreements with 10 US companies to boost manufacturing.

“Earlier this year, we made our largest-ever spending commitment: $500bn to the US over the next four years. That’s already yielding results. Earlier this year, we broke ground on a new factory in Houston to make advanced AI servers,” Cook said.

“I’m glad to be here with you today, and I’m very proud to say that today we’re committing an additional 100bn to the United States, bringing our total US investment to 600bn over the next four years.”