Trump Hails Apple's $100 Billion US Investment Commitment As A Coming Home Party

Apple has committed to investing an additional $100 billion in the US, a move attributed to the company's response to the Trump administration's use of tariffs to push for domestic manufacturing.

This new pledge adds to the initial commitment of $500 billion made earlier this year, which included plans for a new chip manufacturing plant in Texas. In a post shared on his X account, Apple CEO Tim Cook emphasized that the move "will bring even more jobs and advanced manufacturing to the US."

President Trump has hailed Apple's latest pledge, describing it as "a significant step toward the ultimate goal of ensuring that iPhones sold in America also are made in America."

Considering the timing, it cannot be ruled out that the possibility of increased tariffs on chip imports and the rising tensions between the US and India may have contributed to this pledge. Higher tariffs ...