Trump Hosting Apple Exec to Tout $100 Billion Investment

President Donald Trump is expected to organize an event on Wednesday to credit the last promise of Apple to increase his expenses in the United States
On Wednesday afternoon, in the oval office, Trump will announce that Apple adds $ 100 billion to the commitment of $ 500 billion that the company made in February to increase its investment in American manufacturing and technological training, according to two White House officials. The announcement comes as Apple tries to avoid Trump’s prices on imports having an impact on the cost of its iPhones and computers in the United States
Trump’s announcement will bring Apple’s promised investments to the United States to $ 600 billion over the next four years. He follows a Trump scheme by advancing to present investments in the United States, it is not clear how many of these investments would have been made anyway.
Trump predicted that his threat of prices on imports will pressure businesses to increase manufacturing in the United States, according to the American work statistics office, the total number of manufacturing jobs in the United States has dropped slightly since Trump took up his duties.
Apple announced in February that it planned to extend the facilities in Arizona, California, Iowa, Oregon, Michigan, Nevada, North Carolina and Washington. The company said that it would build a new factory in Houston, Texas, by the end of 2026 intended to build servers that take care of Apple’s products. Apple has also promised to increase the education of technological manufacturing workers. The Apple Manufacturing Academy de Detroit, Michigan, is expected to open on August 19. Apple said it would double its advanced American manufacturing fund from $ 10 billion to $ 10 billion.
Apple’s investment promises during Trump’s second term were not all linked to manufacturing. The company said in February that its additional expenses would also be used to build an artificial intelligence infrastructure, data centers and production for the Apple TV +streaming service.
“Today’s announcement with Apple is another victory for our manufacturing industry which will simultaneously help to reshape the production of critical components to protect the economic and national security of America”, the assistant press secretary of the White House, Taylor Rogers, said in a declaration.
This is a news that will be updated.


