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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.
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Lalit K Jha (5WH) - Wed, 06, Aug 2025
- 22:27 EDT
- 27
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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