Trump Claims Apple to Invest Billions and Shift Manufacturing to U.S.
President Trump states Apple CEO Tim Cook pledged to move production from Mexico and invest heavily in the U.S., though no official announcement has been made by the company.
- President Donald Trump announced that Apple CEO Tim Cook committed to investing 'hundreds of billions of dollars' in the United States during a recent White House meeting.
- Trump stated that Apple plans to move manufacturing operations from Mexico to the U.S., halting two facilities in Mexico and building products domestically instead.
- Apple has not officially confirmed these plans, and details about the specific manufacturing facilities or timeline remain unclear.
- The potential shift comes as Apple navigates challenges from U.S.-China trade tensions and tariffs on Chinese-made goods, which could impact product pricing and sales.
- Foxconn, Apple's primary manufacturing partner, already has a significant presence in Mexico, and Taiwan has offered support to Foxconn for shifting production if needed.