Apple responds to tariff threat with a $500 billion US investment
Briefly

Apple has announced a significant investment of over $500 billion in the US over the next four years, which will include hiring 20,000 new employees and establishing a new server factory in Houston. This move follows a meeting between CEO Tim Cook and President Donald Trump and aims to address the business impacts of recent trade tariffs. Apple previously made similar commitments in 2018, indicating a pattern of investment. Additionally, the company is doubling its Advanced Manufacturing Fund to support high-skilled jobs and innovation in America.
Apple's commitment to invest over $500 billion in the US includes hiring 20,000 new employees and launching a new server factory in Houston.
The investment initiative appears to be a strategic move to mitigate the business impact of Trump’s trade tariffs, providing further protection from new charges.
The announcement resonates with a previous commitment made in 2018 when Apple also promised 20,000 jobs as part of a $350 billion investment in the US.
Doubling the US Advanced Manufacturing Fund to $10 billion illustrates Apple’s dedication to supporting high-skilled manufacturing jobs and innovation across America.
Read at The Verge
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