• World News
  • Politics
  • Stock
  • Investing
  • Editor’s Pick
Time And Sales Reporter
Editor's Pick

Tim Cook to join Trump at White House for Apple investment announcement

by admin August 7, 2025
August 7, 2025

Apple CEO Tim Cook will join President Donald Trump on Wednesday for an event touting what the White House calls a new $100 billion investment commitment by the tech giant in the U.S.

The announcement in the Oval Office, set for 4:30 p.m. ET, includes Apple’s commitment to a new “American Manufacturing Program,” a White House official confirmed to CNBC.

With the new pledge, Apple’s total investment in the U.S. over the next four years now totals $600 billion, the official said.

Bloomberg first reported Apple’s new investment pledge earlier Wednesday.

The meeting comes as Trump has pushed Apple to make its products in America — a feat that experts say would jack up prices by hundreds of dollars, if it can even be done at all.

Most of Apple’s flagship iPhones have been manufactured in China, though the company is moving some of its production to India.

Trump has complained about that plan. “We’re not interested in you building in India, India can take care of themselves … we want you to build here,” Trump said he told Cook in May.

On Wednesday, Trump announced he will double the U.S. tariff rate on Indian goods to 50%. Trump said he was raising the tariff because of India continuing to purchase Russian oil.

Trump had exempted smartphones, chips and other tech products from his early April “reciprocal” tariff plan, which slapped a 10% baseline duty on nearly the entire world and set significantly higher rates for dozens of individual countries.

That exemption still applied as of this week, following Trump’s executive order tweaking U.S. tariffs on a slew of countries.

And it appears to remain intact in Trump’s latest order ratcheting up tariffs on imports from India.

Apple declined CNBC’s request for comment.

— CNBC’s Steve Kovach contributed to this report.

This post appeared first on NBC NEWS

previous post
DOJ turns to Gabbard’s office for next step in grand jury probe of alleged Russiagate conspiracy
next post
Helium Stocks: 5 Biggest Canadian Companies in 2025

Related Posts

Cracker Barrel will go back to old logo...

August 28, 2025

Frontier Airlines goes after struggling rival Spirit’s customers...

August 28, 2025

Cracker Barrel assures customers its values remain the...

August 27, 2025

What a stake in Intel could mean for...

August 27, 2025

What’s the secret of their success? Summer camp

August 26, 2025

From American Eagle to Swatch, why brands seem...

August 26, 2025







    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.




    Recent Posts

    • Frontier Airlines goes after struggling rival Spirit’s customers with 20 new routes

      August 28, 2025
    • Cracker Barrel will go back to old logo after conservative backlash

      August 28, 2025
    • Apple expected to roll out texting update that would hit GOP hardest ahead of midterms, fundraisers say

      August 28, 2025
    • White House demands all Gaza hostages return home ‘this week’ amid stalled talks

      August 28, 2025
    • Trump asks SCOTUS to uphold freeze on billions in USAID payments

      August 28, 2025
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 timeandsalesreporter.com | All Rights Reserved

    Time And Sales Reporter
    • World News
    • Politics
    • Stock
    • Investing
    • Editor’s Pick

    Read alsox

    Amazon is stepping up to fill a gap...

    May 2, 2025

    “Let Them Eat Fish”

    January 17, 2025

    How Much of the Drop in Fentanyl-Related Overdose...

    February 26, 2025