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Trump and Apple CEO Tim Cook to Announce $100B U.S. Manufacturing Investment

Trump and Apple CEO Tim Cook to Announce $100B U.S. Manufacturing Investment

Global Cryptocurrency
Release Time:
2025-08-06 18:19:02
0
BTCCSquare news:

Apple CEO Tim Cook will join President Donald TRUMP at the White House to unveil a $100 billion commitment to U.S. manufacturing. The announcement, set for 4:30 p.m. EDT, aims to bolster domestic production and potentially shield Apple from escalating tariffs.

The move comes amid mounting pressure from the Trump administration for Apple to shift more of its iPhone production stateside. "President Trump’s America First economic agenda has secured trillions in investments that support American jobs," said White House spokesperson Taylor Rogers, framing the deal as a win for both economic and national security.

While the tech giant faces growing tariff headwinds, this strategic pivot could redefine global supply chains. No immediate comment was available from Apple regarding the landmark investment.

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