Overview

• 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.