Apple Adds $100B to $600B US Manufacturing Pledge
Apple Adds $100B to $600B US Manufacturing Pledge

Apple Adds $100B to $600B US Manufacturing Pledge

News summary

President Donald Trump and Apple CEO Tim Cook jointly announced a $100 billion investment to expand Apple's U.S. manufacturing footprint, raising the company's total U.S. commitment to $600 billion. This move follows Trump's imposition of tariffs on imported chips and semiconductors, which pressured Apple to accelerate its domestic production, including building a smartglass facility in Kentucky and launching a manufacturing academy in Michigan. Apple plans to hire 20,000 U.S. workers and source rare-earth magnets exclusively from American suppliers, partnering with MP Materials to support this initiative. Despite the expansion, Cook clarified that the final assembly of iPhones will continue overseas for the foreseeable future. Trump hailed the investment as a significant step toward ensuring iPhones sold in the U.S. are made in America, crediting his administration's tariffs and trade policies for motivating the shift. The announcement was symbolically marked by Cook presenting Trump with a handcrafted glass made by a former Marine, emphasizing American craftsmanship as part of Apple's broader manufacturing strategy.

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