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Apple Announces $600 Billion U.S. Investment Amid Tariff Pressures
Apple Announces $600 Billion U.S. Investment Amid Tariff Pressures
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BTCCSquare news:
Tim Cook joined President TRUMP at the White House to unveil Apple's expanded U.S. investment plan, now totaling $600 billion. The tech giant aims to reshore critical manufacturing components to mitigate new tariffs while maintaining its global supply chain. Apple shares surged 6% on the news—their largest intraday gain since February.
The announcement comes as the administration imposes fresh 25% tariffs on Indian goods, highlighting the delicate balance corporations face between trade policy and operational realities. WHITE House spokesperson Taylor Rogers framed the investment as a dual victory for domestic manufacturing and national security.
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