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    Apple announces $500bn investment in the US | Donald Trump News

    Team_NewsStudyBy Team_NewsStudyFebruary 24, 2025 Latest News No Comments2 Mins Read
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    The transfer comes on the heels of threats by US President Donald Trump to impose tariffs that will make iPhones made abroad costlier.

    Apple has mentioned that it plans to take a position greater than $500bn in america over the subsequent 4 years, together with plans to rent 20,000 individuals and construct a brand new server manufacturing facility in Texas.

    The transfer, introduced on Monday, comes simply days after President Donald Trump mentioned Apple CEO Tim Prepare dinner promised him that the tech big’s manufacturing would shift from Mexico to the US. Trump famous the corporate was doing so to keep away from paying tariffs.

    That pledge, coupled with Monday’s funding dedication, got here as Trump continues to threaten to impose tariffs that would drive up the price of iPhones made in China.

    “We’re bullish on the way forward for American innovation, and we’re proud to construct on our long-standing US investments with this $500 billion dedication to our nation’s future,” Prepare dinner mentioned in an organization blog post.

    Apple outlined a number of concrete strikes in its announcement, essentially the most vital of which is the development of a brand new manufacturing facility in Houston, Texas — slated to open in 2026 — that can produce servers to energy Apple Intelligence, its suite of AI options. The corporate claims this manufacturing facility will create “hundreds of jobs.”

    The announcement is much like one Apple made in early 2018 — through the first Trump administration — that promised to create 20,000 new jobs as a part of a $350bn spend within the US. Trump was additionally mulling a tariff then that would have affected iPhones on the time, however he didn’t find yourself focusing on these units throughout his first administration.



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