Trump, Apple Announce $600 Billion U.S. Investment Push/ Newslooks/ WASHINGTON/ J. Mansour/ Morning Edition/ Apple CEO Tim Cook joined President Trump to announce an additional $100 billion U.S. investment. The move raises Apple’s domestic manufacturing pledge to $600 billion over four years. Trump praised the move amid his push to shift tech production away from China and India.
Apple Investment + Quick Looks
- Apple to invest an additional $100 billion in U.S. manufacturing over four years.
- Total domestic commitment now at $600 billion, part of the American Manufacturing Program.
- President Donald Trump praised Apple’s investment, calling it part of a historic industrial boom.
- Trump said: “iPhones sold in the United States of America also are made in America.”
- Apple CEO Tim Cook confirmed partnerships with 10 U.S. suppliers, including Corning, Broadcom, and Texas Instruments.
- The plan does not fully commit iPhone assembly to the U.S., but expands component manufacturing.
- Trump’s criticism of Apple’s India production prompted Cook to pivot toward more U.S. supply chain activity.
- The announcement follows Apple’s $500M rare earth deal with MP Materials to expand a Texas facility.
- Apple stock surged 5% in trading after the announcement, reflecting investor confidence.
- Trump imposed an additional 25% tariff on Indian goods, raising combined tariffs to 50%.
- Cook reaffirmed on an investor call: “We’re doing more in this country… and we will do more.”
- Analysts say this is Apple’s way of extending an olive branch to Trump amid tariff tensions.
Deep Look
Apple Expands U.S. Investment to $600 Billion as Trump Pushes for Onshore Production
WASHINGTON, D.C. — August 6, 2025
Apple CEO Tim Cook joined President Donald Trump at the White House Wednesday to announce the tech giant’s latest move: a bold $100 billion increase in its U.S. manufacturing investment, bringing its total domestic pledge to $600 billion over the next four years.
The announcement is part of Apple’s alignment with the administration’s American Manufacturing Program, designed to strengthen the U.S. supply chain and reduce dependence on foreign tech production.
“This is a significant step toward the ultimate goal of ensuring that iPhones sold in the United States of America also are made in America,” Trump declared at the White House event. “Today’s announcement is one of the largest commitments in what has become among the greatest investment booms in our nation’s history.”
While the plan stops short of relocating full iPhone assembly to the U.S., Apple confirmed expanded partnerships with 10 American companies, including Coherent, Broadcom, Texas Instruments, and Corning, all contributing key components like chips, displays, and sensors.
Cook added in a statement:
“This includes new and expanded work with 10 companies across America… and we’re grateful to the President for his support.”
The pledge arrives as Apple continues to face intense pressure from the Trump administration to shift operations away from China and India. Trump has repeatedly slammed Apple’s outsourcing strategy, particularly the expansion of iPhone production in India to avoid China tariffs.
Earlier this year in Qatar, Trump recalled telling Cook directly:
“I don’t want you building in India.”
On the same day as Apple’s announcement, Trump issued a new 25% tariff on Indian imports, raising total tariffs on Indian goods to 50%, in retaliation for the country’s continued purchases of Russian oil.
Apple’s decision may also be aimed at mitigating fallout from those tariffs — especially as its devices are increasingly manufactured in China and India. The timing of the announcement, just weeks before Apple’s new iPhone model launch, suggests a strategic maneuver to protect the product line from future tariff exposure.
Rare Earths, Real Chips
The move follows Apple’s $500 million deal with MP Materials, which will expand Texas-based facilities that process recycled rare earth elements — materials critical for manufacturing magnets that power Apple devices.
On a recent earnings call, Cook reassured investors:
“There’s a load of different things done in the United States… We’re doing more in this country, and that’s on top of having roughly 19 billion chips coming out of the U.S. now.”
Despite a rough year on Wall Street — with Apple shares still down 15% YTD — the announcement sparked a 5% gain in stock price Wednesday, rising another 3% in after-hours trading. Analysts say the move helped ease tensions with the White House, boosting investor sentiment.
“This is Cook extending an olive branch,” said Nancy Tengler, CEO of Laffer Tengler Investments, which holds Apple shares. “He’s demonstrating that Apple is willing to work with Washington.”
Other tech stocks followed suit:
- Nvidia rose modestly in after-hours trading, continuing its rally since Trump’s second term began.
- Intel, struggling in recent years, also saw gains, reflecting market optimism on U.S.-based chip production.
Tariffs vs. Incentives: A Strategic Split
Trump’s use of tariffs as economic leverage marks a stark departure from the bipartisan CHIPS and Science Act passed under President Joe Biden, which offered $50 billion in direct funding, tax incentives, and R&D support to stimulate domestic chip production.
Trump, however, has been critical of subsidy-heavy approaches, instead choosing punitive tariffs to force companies to manufacture domestically.
“If you’re building in the United States of America, there’s no charge,” Trump said, confirming the 100% tariff on imported semiconductors announced earlier this week.
Whether this aggressive strategy will yield long-term growth or inflate consumer costs remains to be seen. For now, the White House is touting Apple’s expanded investment as evidence of Trump’s economic agenda producing real results.
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