In an effort to avoid possible iPhone tariffs, President Donald Trump declared on Wednesday that Apple will invest an extra $100 billion in the US. With this latest promise, Apple has increased its overall commitment to domestic investment in the United States to $600 billion over the next four years. The business declared earlier this year that it will employ 20,000 people nationwide and invest $500 billion over the next five years.
Trump’s demand that Apple start producing iPhones in the US is not fully met by the statement, which focuses on growing Apple’s supply chain and advanced manufacturing presence in the US. Apple and other companies are returning home. Shortly after receiving a 24-karat gold-plated memento from Apple CEO Tim Cook, Trump informed reporters in the Oval Office, “They’re all coming home. Trump said, “This is a big step toward the ultimate goal of making sure that iPhones sold in America are also made in America.”
In response to a question on whether Apple may ultimately manufacture whole iPhones in the US, Cook stated that while many parts, including glass, chips, and Face ID modules, are now produced there, final assembly will continue to take place “for a while” elsewhere.
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