Apple announced Monday that it will spend and invest more than $500 billion in US manufacturing over the next four years.
The tech giant plans to hire 20,000 US workers over the next four years and plans to open a new artificial intelligence server factory in Texas as part of its investment package. According to In a press release. The announcement comes days after Apple CEO Tim Cook met President Donald Trump on February 20, and weeks after Trump. announcement On February 1, he had imposed a 10% tariff on imports from China, along with a 25% tariff on imports from Mexico and Canada.
“We are bullish on the future of American innovation and we are proud to build on years of US investment with this $500 billion commitment to our country's future,” Cook said in a press release. I've said that. “We are excited to expand our support for American manufacturing, from doubling our advanced manufacturing funds to building advanced technologies in Texas. And we are working with people and businesses in this country to help us to create American manufacturing. I will continue to help you write extraordinary new chapters in the history of innovation.” (Related: Exclusive: Federal Trade Commission launches investigation into Big Tech's American censorship))
Just a day after Trump held a meeting with Cook, the president said on February 21. speech The apple would likely change manufacturing from Mexico to the US to avoid tariffs.
“They don't want to pay tariffs, so they're trying to build here instead,” Trump said in his speech. “The tariffs are amazing.”
(Photo: Scott Olson/Getty Images)
The Trump administration, along with tariffs from China, imposed a 25% tariff on imports from Canada and Mexico, to combat the flow of illegal immigration and the flow of illegal drugs coming from abroad. Trump agrees to suspend tariffs in Mexico and Canada after the Mexican government vows to send thousands of troops to the US-Mexican border, with Canadian Prime Minister Justin Trudeau securing the north border I promised that.
In particular, Apple relies heavily on China for its manufacturing and sales. accounting Over 95% of Apple's products are produced in China, accounting for 17% of the company's sales in 2024. According to To Technode.
Following the threat of tariffs from Trump, Taiwan's President Lai Qingte said on February 14 that his country will invest more money into the United States. Tariffs on Chinese imports.
On the campaign trail, Trump pledged to boost domestic manufacturing.
An Apple spokesman did not immediately respond to requests for comment.
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