(NewsNation) — President Donald Trump connected Wednesday is expected to denote that Apple is adding different $100 cardinal to its home investments, a White House authoritative confirmed to NewsNation.
Apple's newest monetary determination adds onto its already promised $500 cardinal investment earlier this year, bringing the tech giant's U.S. concern up to $600 cardinal implicit the adjacent 4 years, arsenic archetypal reported by Bloomberg.
"Today’s announcement with Apple is different triumph for our manufacturing manufacture that volition simultaneously assistance reshore the accumulation of captious components to support America’s economical and nationalist security," White House adjunct property caput Taylor Rogers said successful a connection to NewsNation.
Trump is besides expected to denote the instauration of the American Manufacturing Program, which volition bring much of Apple's proviso and manufacturing to the United States.
“President Trump’s America First economical docket has secured trillions of dollars successful investments that enactment American jobs and bolster American businesses," Rogers said successful the statement.
It's the latest determination successful the Trump administration's propulsion to produce tech products stateside portion imposing tariffs connected those made abroad.
Apple antecedently announced it would grow its information halfway capableness successful Arizona, Iowa, Nevada, North Carolina and Oregon.
The institution besides confirmed it would physique a 250,000-square-foot manufacturing works successful Houston, acceptable to unfastened successful 2026, and volition marque servers that were antecedently manufactured extracurricular of the U.S., which assistance powerfulness its artificial intelligence.
Apple CEO Tim Cook met with Trump astatine the White House successful May, aft which Trump threatened to deed the company with 25% tariffs if it did not determination its manufacturing to the U.S. — alternatively than China, wherever it has agelong manufactured astir of its products.
NewsNation spouse The Hill and Jordan Perkins contributed to this report.