Apple piles another $100B on top of previous US manufacturing pledge
theregister.co.ukUS President Donald Trump and Apple CEO Tim Cook made a joint announcement from the White House on Wednesday of another Apple pledge to move manufacturing back to the United States, with an additional $100 billion in funding for domestic projects. The move could keep Apple one step ahead of Trump's unpredictable tariff policy, which threatens to increase costs on iPhones manufactured overseas.
The cornerstone of Apple's additional commitment will be a new project called the American Manufacturing Program. According to an Apple press release, the program will see Apple investing in growing its domestic manufacturing commitments in a number of different directions in addition to what it's done so far.
"We're proud to increase our investments across the United States to $600 billion over four years and launch our new American Manufacturing Program," Apple CEO Tim Cook said.
Apple has made much of its attempts ...
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