According to a White House official, Apple Inc. will announce a $100 billion commitment to domestic manufacturing on Wednesday, with a focus on expanding United States-based production. The official, who spoke on the usual condition of anonymity, stated that the pledge would represent a fresh financial commitment. It coincides with the strong tax and trade policies of President Donald Trump, which are intended to bring some manufacturing back to the US.
Apple said in February that it will invest $500 billion in the United States over the next four years, adding around 20,000 jobs in research and development nationwide and building a massive artificial intelligence server plant in Texas.
Trump’s tariffs prompted some customers to purchase iPhones in the late spring of this year, costing Apple $800 million in the June quarter. Apple has been relocating the manufacturing of goods that are headed to the United States, sourcing Macs and Apple Watches from Vietnam and iPhones from India. Many Apple products are currently exempt from tariffs, and the final prices that consumers may encounter are still up in the air.
Besides helping to reshore the production of vital components to safeguard America’s economic and national security, today’s news with Apple is another victory for our manufacturing sector, according to a statement released by White House spokesperson Taylor Rogers.
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