President Trump announced a 100% tariff on semiconductors imported into the US unless companies commit to US-based manufacturing. Apple plans to invest $100bn in the US and has initiated the American Manufacturing Program to enhance its supply chain and manufacturing capabilities domestically. Tim Cook highlighted Apple's commitment to invest $600bn over the next four years, collaborating with ten American companies that produce components for Apple's global products. The Department of Commerce also began a public consultation to assess the national security implications related to semiconductor imports.
President Trump announced a 100% tariff on imported semiconductors unless companies commit to manufacturing in the United States.
Apple is set to invest $100bn in the U.S. to accelerate its plans for $600bn investment over the next four years.
Tim Cook stated that Apple will increase its investments in the U.S. through the American Manufacturing Program, collaborating with 10 companies in America.
The Department of Commerce initiated a public consultation to assess the national security implications of semiconductor imports under Section 232.
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