Apple Expands U.S. Investment, Gains Tariff Exemption

At a White House ceremony, Apple CEO Tim Cook presented President Donald Trump with a glass disc featuring the Apple logo, Trump's name, and 'Made in USA – 2025,' crafted by Corning and designed by a former US Marine now at Apple. Apple announced an additional $100 billion US investment, bringing its total American manufacturing commitment to $600 billion over four years. The expanded investment will strengthen partnerships with US suppliers, including Corning, MP Materials, and Samsung, and launch a rare earth recycling line in California. In exchange, Trump stated that US manufacturers like Apple would be exempt from a planned 100% tariff on imported semiconductor chips. The event highlighted incentives for US-based manufacturing and drew significant social media attention, prompting both praise and skepticism about its broader impact. Most Apple devices will still be assembled abroad despite these changes.