Wednesday, March 19, 2025
spot_imgspot_img

Top 5 This Week

spot_imgspot_img

Related Posts

Apple’s $500 billion investment in the U.S. amidst looming Trump tariff concerns


Apple has reaffirmed its commitment to investing hundreds of billions of dollars in the U.S. over the next five years, including plans to spend $500 billion and hire 20,000 new workers. The company also announced a new server factory in Houston, a manufacturing academy in Detroit, and expansions to data centers in several states. This move comes amid pressure from President Trump and the threat of tariffs. Trump has sought to take credit for Apple’s investment announcement, claiming that his trade policies have influenced the company’s decisions. Apple’s avoidance of tariffs appears to align with its strategy during Trump’s first term, allowing him to take credit for existing operations while focusing on high-profile but specialized products made in the U.S. However, key revenue-generating products like the iPhone are still manufactured outside the country. The new jobs Apple plans to create will primarily focus on research and development, engineering, and AI. The company’s CEO, Tim Cook, emphasized the importance of American innovation in a statement, expressing confidence in the company’s contribution to the country’s future. The stock market response to Apple’s announcement was neutral, with shares remaining flat in pre-market trading.

Note: The image is for illustrative purposes only and is not the original image associated with the presented article. Due to copyright reasons, we are unable to use the original images. However, you can still enjoy the accurate and up-to-date content and information provided.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Popular Articles