Apple invest $100bn in US manufacturing to fend off Trump's tariffs

US smartphone and technology behemoth Apple have announced a $100bn investment in US manufacturing, seen by many as a move designed to fend off potential tariffs from US President Donald Trump. The announcement was made during a press conference hosted by US President Donald Trump that was held yesterday at The White House. The investment increases Apple’s initial commitment of $500bn in US manufacturing to $600bn over the next four years. Many analysts believe the fresh investment from Apple has been done to ring-fence any potential tariffs being imposed on the company by the Trump administration. Trump hailed the investment …

https://www.tahawultech.com/news/apple-invest-100bn-in-us-manufacturing-to-fend-off-trumps-tariffs/

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