• Editor’s Pick
  • Investing
  • Economy
  • Stock
  • Politics
Income Researchers
Editor's PickStock

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

by 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
Alvopetro Announces Q2 2025 Financial Results and an Operational Update
next post
Junk food banned from SNAP benefits in 6 more states, a win for MAHA advocates

Related Posts

Google has eliminated 35% of managers overseeing small...

August 28, 2025

Is Trump considering bold Africa play to push...

August 28, 2025

CDC Director Susan Monarez refuses to be fired...

August 28, 2025

Bill Gates met with Trump to talk ‘importance...

August 28, 2025

Cracker Barrel will go back to old logo...

August 27, 2025

Trump asks SCOTUS to uphold freeze on billions...

August 27, 2025

White House demands all Gaza hostages return home...

August 27, 2025

Apple expected to roll out texting update that...

August 27, 2025

Cracker Barrel’s logo mea culpa is a start...

August 27, 2025

Mike Johnson hits iconic Nashville bar, blasts Dems...

August 27, 2025

    Fill Out & Get More Relevant News


    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent Posts

    • Group Eleven Drills 6.2m of 312 g/t Ag and 0.95% Cu, incl. 2.8m of 549 g/t Ag and 1.77% Cu in a 90m Step-Out, Further Supporting Deeper Cu-Ag Target at Ballywire

      August 28, 2025
    • Is Trump considering bold Africa play to push back on China, Russia and Islamic terrorists?

      August 28, 2025
    • Google has eliminated 35% of managers overseeing small teams in past year, exec says

      August 28, 2025
    • Prismo Metals Discovers Two Separate Mineralized Veins at Silver King

      August 28, 2025
    • Crypto Market Update: ETH Funds Absorb US$1.3 Billion in Weekly Inflows, CFTC Moves to Secure DeFi Market

      August 28, 2025

    Archives

    • August 2025 (548)
    • July 2025 (76)
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 incomeresearchers.com | All Rights Reserved

    Income Researchers
    • Editor’s Pick
    • Investing
    • Economy
    • Stock
    • Politics

    Read alsox

    Backlash against Sydney Sweeney ‘jeans/genes’ ad gets mocked...

    July 30, 2025

    Trump’s Senate closer: Republican freshman emerges as key...

    August 8, 2025

    Rubio hails Trump as ‘only leader in the...

    August 19, 2025