Apple and Trump to announce $100bn manufacturing investment in US
Apple and Trump: The announcement is set to take place Wednesday afternoon in the Oval Office, according to the news.
Major Boost for Domestic Industry Under ‘America First’ Agenda
In a significant development for US manufacturing, Apple and former President Donald Trump are set to jointly announce a $100 billion investment in domestic manufacturing, according to a report first published by Bloomberg.
The announcement is expected to take place at 4:30 p.m. ET in the Oval Office, sources told CNBC. Apple CEO Tim Cook is also expected to be present at the event.
Total Commitment Reaches $600 Billion Over Four Years
While the Apple-specific announcement totals $100 billion, the overall commitment to domestic investment under Trump’s initiative is projected to be $600 billion over the next four years. This aligns with Trump’s continued push for his ‘America First’ economic agenda, which emphasizes reshoring jobs and revitalizing US manufacturing.
“President Trump’s America First economic agenda has secured trillions of dollars in investments that support American jobs and bolster American businesses,” said White House spokesperson Taylor Rogers in a statement.
New Program to Reshore Supply Chains
According to Bloomberg, part of Apple’s investment will go toward launching a new manufacturing program aimed at reshoring parts of its supply chain and assembly operations to the United States. Currently, much of Apple’s production is located overseas, particularly in China.
This strategic move could help Apple reduce geopolitical risk, comply with evolving trade policies, and strengthen its domestic manufacturing footprint.
Economic and National Security Implications
“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,” Rogers added.
The partnership between Trump and Apple signals growing momentum behind reshoring efforts, especially amid global disruptions and increasing calls for supply chain resilience.
This investment also represents a rare alignment of interests between a major tech giant and a former president, as both parties look to boost domestic jobs, enhance national security, and drive innovation from within the US borders.