Apple, under Trump’s pressure, pledge more American investment
Apple said on Wednesday that it will expand its planned investments in the United States, as it faces pressure from President Donald Trump to turn the supply chain to American territory.
The Splashy Declaration came hours before Trump’s wave started from the country’s tariffs. The president has not ended for a tax yet. Trump has warned that he will announce a tariff on semiconductors, which may affect iPhone, iPads, Macbooks and other famous Apple products.
Speaking alongside the CEO of Apple Tim Cook at the Oval Office on Wednesday, Trump said, “We will put a very large tariff on chips and semi -conductors,” but for any company “Building in the United States of America, there are no fees.” Trump said that the semiconductor tariff will be about 100 % and applied to all imported chips in the country.
Apple also said that she will manufacture glass covers on all iPhone and Apple Watch sold all over the world in the United States. Apple said that Corning will produce this glass in Harrodsburg, Kentucky Plant under a $ 2.5 billion commitment.
“Apple will significantly increase spending on the local supply chain of the iPhone, and it will build the largest and most advanced in the field of smart glass production in the world,” Trump said.
This factory produces glass products for more than 60 years, according to Posted on Corning. In 2021, Apple said Corning has already provided Glass for iPhone, Apple Watch and iPad. Apple also said at the time that “every generation of iPhone has been made” in the factory called Wednesday.
The technology giant said in a press release.
Cook told Trump during the White House event: “I am happy to be here with you today, and I am very proud to say that we are making an additional 100 billion dollars to the United States,” Cook told Trump during the White House event.
Cook also said the company “has already signed new agreements with 10 companies across America” to make additional manufacture.
“Secondly, we are committed to buying the rare advanced land magnets,” he added, noting an agreement announced in July.
Apple Mustract Mateials also announced that it will invest $ 200 million in the Arizona factory manufacturing chip -making equipment. This equipment will be used by Texas Instruments, another Apple supplier, to make some semiconductors used in Apple products.
Apple said that the announcement of the manufacture of glass was part of a $ 600 billion commitment to bring parts of supply chains to the United States previously. The company has pledged to invest $ 500 billion over the next four years.
“Apple will also build a 250,000 -square -feet server manufacturing facility in Houston, and invests billions of dollars to build data centers throughout the country from North Carolina to Iowa to Oregon,” Trump said.
apple It was previously announced Server Houston Factory in February, which is estimated to be opened in 2026.
However, Wednesday’s announcement does not mean manufacturing or assembling any of the company’s main products, such as iPhone, iPad or MacBook, to the United States.
Most of the most popular Apple products are currently being exempted from customs tariffs, while the Ministry of Commerce is conducting the so -called teams of 232 to determine the impact of national security to import these products and their parts. Despite the exemptions, Apple received $ 800 million in the last quarter of the customs tariff and expected that it would take another $ 1.5 billion in the next three months.
In a post on social media in May, Trump said: “I have long told Tim Cook from Apple company that I expect that their iPhone that will be sold in the United States of America and building in the United States, not India, or anywhere else will be sold.”
Trump admitted on Wednesday that some of the recent factories ads may take several years to achieve.
“So I don’t know when to appear, but there are many factories and a lot of plants that are either under construction or we will start building,” he said. “So I can’t tell you exactly when, but I want to be around almost a year from now and two years from now, because we will see an explosion, I think.”
Apple’s investment pledge holds some similarities with the recent advertisements of the president. Openai, Oracle and Softbank in Japan combined with $ 500 billion to invest in building databases throughout the country for artificial intelligence applications.
But after months of announcing the plans It is said Hit some obstacles. The three companies said they “will start immediately” in investment, but the plans are now calling for only one small data center in Ohio by the end of the year.
A commercial agreement between the Trump administration and the European Union included what they said would be 600 billion dollars in investments in the United States and 750 billion dollars in energy purchases.
“They gave me $ 600 billion, and this is a gift,” Trump said at CNBC on Tuesday. “They have given us $ 600 billion, we can invest in anything we want.”
However, the European Union said in a statement that European companies “expressed their interest in investing at least 600 billion dollars.” The European Union has no mechanism to stimulate these investments. Likewise, the European Union said that 750 billion dollars is merely the projection of potential energy purchases over the next three years.