Apple’s $600 Billion Commitment to Boost U.S. Manufacturing

Summary:
President Donald J. Trump and Apple CEO Tim Cook announced that Apple will increase its U.S. investment to $600 billion over the next four years. This move is part of a new American Manufacturing Program, which aims to bring more of Apple’s supply chain and advanced manufacturing back to the United States. The initiative is expected to directly create 20,000 new American jobs and many thousands more across Apple’s suppliers.

Key Highlights:

• Apple’s $600 billion investment will accelerate domestic manufacturing and encourage suppliers and partners to join in.
• The announcement was made jointly by President Trump and Tim Cook at the White House.
• The program is expected to have a significant impact on American job creation and innovation.

Notable Quotes:

• President Trump: “We’re doing everything possible to make this the best place on earth to build a factory or grow businesses.”
• Tim Cook: “We’re going to keep making investments right here in America… because we’re a proud American company, and we believe deeply in the promise of this great nation.”

Media Coverage:
The announcement received widespread coverage from major outlets including AP, Bloomberg, Fox News, The New York Times, The Wall Street Journal, and more, all highlighting the scale and significance of Apple’s renewed commitment to U.S. manufacturing.