President Donald Trump is set to appear with Apple chief executive Tim Cook as Apple announces a new $100 billion investment in the United States. The tech giant will launch an 'American Manufacturing Program,' aiming to shift more of its supply chain back to the country, a move aligned with Trump's push for domestic manufacturing. This commitment is part of Apple's broader $600 billion investment plan for the next four years, supporting hundreds of thousands of jobs nationwide.
The announcement comes amid ongoing tensions over Apple's previous decision to move some production to India, which Trump has publicly criticized. In response to India's purchase of Russian oil, Trump has also imposed new tariffs on Indian imports. Despite these trade disputes, Apple continues to avoid making iPhones in the United States, citing potential cost increases. The administration maintains that these investments will strengthen American industry and supply chains.