Former U.S. President Donald Trump is set to announce that Apple Inc. will invest an additional $100 billion in American manufacturing over the next four years — a major win for the country’s economy and national security.
The announcement, expected on Wednesday, marks a significant expansion of Apple’s domestic operations, raising its total planned investment in the United States from $500 billion to $600 billion. The move also includes the direct hiring of 20,000 American workers.
“Today’s announcement with Apple is another win for our manufacturing industry that will simultaneously help reshore the production of critical components to protect America’s economic and national security,” said White House spokesperson Taylor Rogers.
Apple CEO Tim Cook confirmed the commitment, stating: “We’re proud to increase our investments across the United States to $600 billion over four years and launch our new American Manufacturing Program. This includes new and expanded partnerships with 10 U.S. companies that produce components used in Apple products sold worldwide.”
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The tech giant’s decision comes amid mounting trade tensions, as Trump continues to push for reshoring of manufacturing and reduce dependency on foreign supply chains. Apple, which heavily relies on global suppliers and assembles most of its products in China, has been in the crosshairs of Trump’s tariff policies.
Earlier this year, Cook warned that the proposed tariffs could cost Apple as much as $900 million in a single fiscal quarter. To mitigate the impact, Apple has ramped up production in countries like India — a move Trump has publicly criticized.
During a recent event in Qatar, Trump recalled telling Cook: “I don’t want you building in India.” On the same day as Apple’s announcement, Trump doubled U.S. tariffs on Indian goods from 25% to 50%, citing the country’s purchase of Russian oil.
In a bid to avoid the financial hit from these tariffs, Apple reportedly shipped up to 1.5 million iPhones from India to the U.S. earlier this year, according to Reuters.
Apple’s expanded U.S. investment also includes a $500 million deal with MP Materials, the operator of America’s only rare earths mine. The partnership aims to expand a Texas factory that will produce vibration magnets for iPhones using recycled materials.
Speaking on a recent investors call, Cook stressed Apple’s growing domestic footprint: “There’s a load of different things done in the United States.” He pointed to the iPhone’s glass displays and Face ID modules as examples of components already made in the U.S.
“We’re doing more in this country,” Cook added. “We already produce roughly 19 billion chips in the U.S. and we plan to do even more.”
Despite the ongoing trade challenges and investor concerns over Apple’s delayed entry into artificial intelligence, the company’s latest earnings report exceeded expectations. Surging iPhone sales helped drive a strong financial quarter, causing Apple’s stock to jump over 5% on Wednesday.
With this $100 billion boost, Apple’s commitment signals a strong push toward strengthening America’s tech manufacturing sector, aligning with Trump’s “America First” economic agenda.