Trump, Tim Cook Announce $600 Billion Apple Investment, 100% Tariff on Foreign-Made Chips

The commitment includes the creation of 20,000 new jobs and expanded partnerships with suppliers like Texas Instruments, Corning, and Broadcom.

President Donald Trump. / Reuters

In a sweeping announcement from the Oval Office, President Donald Trump and Apple CEO Tim Cook jointly unveiled a $600 billion U.S. investment by Apple, calling it the company’s “largest investment ever made anywhere in the world.” The move marks a significant shift toward domestic production and job creation, aligning with Trump’s push for American-made goods.

"Today, Apple is announcing that it will invest $600 billion, that’s with a B, in the United States over the next four years," Trump said. "That’s $100 billion more than they were originally going to invest... and it's just an honour to have you."

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