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President Trump to Announce Apple Investment of $100 Billion in US Manufacturing

President Trump will today announce that Apple will invest an additional $100 billion to support manufacturing in the United States (via Bloomberg).

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The announcement is reportedly set to include a new manufacturing program to bring more of Apple's supply chain into the U.S. Apple CEO Tim Cook will appear alongside the President later today.

Apple has already announced $500 billion for US manufacturing over the next four years, including a new server manufacturing plant in Houston, a supplier academy in Michigan, and additional spending with domestic suppliers. Today's $100 billion takes Apple's total commitment to $600 billion.

The Trump administration has had a contentious relationship with Apple, threatening 25% tariffs on the company if it failed to move iPhone manufacturing to the United States. The latest announcement appears to be a detente in the relationship between the administration and the company.

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Top Rated Comments

thiscatisfat Avatar
8 months ago
We still want to see the Epstein files Donald.
Score: 85 Votes (Like | Disagree)
8 months ago
When are people going to realize that tariffs are a tax on poor people? The rich don't care about tariffs because they have more than enough wealth to absorb 15-30% increase on goods. So their laptop now costs $1,500 instead of $1000. Big deal. They don't care. They won't even notice. Meanwhile their tax cuts from The Big Beautiful Bill will actually make an impact.

The vast majority of tariffs paid will come from poor people because there are hundreds of millions of them and they all need to eat, sleep, drive, buy goods. They can't avoid it. They have to continue to live. And living costs more now due to the tariffs.

The revenue from tariffs will be used to for funding the federal government (and paying back government debt) while the rich get a tax break. The rich gets their tax lowered. The revenue has to come from somewhere else. Tariffs. Poor people.

It's another transfer of wealth. Tax the poor. Disguised as a way to bring back manufacturing (no one wants to work in factories sewing shoes). No one is bringing back manufacturing. They'll "announce" investments but they won't be building factories.

Even if you're MAGA, just do some basic logic. You'll arrive at the same conclusion. Unless you're part of the rich. Then congrats. This is probably amazing for you.
Score: 66 Votes (Like | Disagree)
nickf Avatar
8 months ago
Trump will be gone in less than four years, so I'm assuming this is all just words for now, and for the forseeable future. And that's fine. (And if Trump hasn't gone by then, the US and Apple will have far, far bigger problems to deal with).
Score: 62 Votes (Like | Disagree)
TheLocNar Avatar
8 months ago
He announces a lot of stuff that never happens. 🤣🤣🤣
Score: 51 Votes (Like | Disagree)
8 months ago
That’s nice. Let’s see the files.
Score: 49 Votes (Like | Disagree)
Gengar Avatar
8 months ago
Another attempted distraction from the Epstein Files.
Score: 47 Votes (Like | Disagree)
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