Trump to announce Apple's plan to invest $100bn in US manufacturing
Briefly

Apple will invest an additional $100 billion in U.S. manufacturing over the next four years to support domestic production and reduce reliance on international supply chains. This move is in response to potential tariffs from the Trump administration, which could significantly raise costs for Apple. Previously, Apple had announced a $500 billion domestic investment plan, which is now increased to $600 billion. Trump's recent policies, including increased tariffs on India, pose a challenge to Apple's production strategy, especially regarding their reliance on parts from multiple countries.
Apple's commitment to invest an additional $100 billion in U.S. manufacturing highlights the company's strategy to reshore critical components and mitigate tariff risks.
Trump has criticized Apple's CEO, Tim Cook, for moving production to India to avoid tariffs, intensifying pressures on the tech giant's international supply chain.
The newly announced tariffs on Indian goods could escalate the financial burden on Apple, as they rely heavily on components produced in multiple countries.
Apple previously stated a plan to invest $500 billion domestically, which has now increased to $600 billion, emphasizing their commitment to U.S. manufacturing.
Read at www.theguardian.com
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