Once again, you victim ass nikkas refuse to make threads about any positive moves being made if Trump's name is in it because it doesn't fit your your victim ass narrative.
And I already know yall will come in here with a lack of understanding and say "that's just going to make iphone prices go up". Even if that's the case, the money will be in the USA, which should be a positive thing to you if you were born and raised here:
Updated 12:17 PM EST, Mon February 24, 2025
New York City.
New YorkCNN —
Apple said Monday it will invest $500 billion on expanding US facilities over the next four years, a move that could help it avoid new tariffs on goods imported from China.
Apple said the investment will create 20,000 jobs.
Earlier this month, President Donald Trump announced tariffs of 10% on all imports from China, from which Apple imports many products, including most of its iPhones. Trump signaled Friday that the company was planning to make this investment following a meeting with Apple CEO Tim Cook on Thursday. Trump attributed the investment to his tariffs.
However, the investment builds on Apple’s previous efforts to expand its supply chain outside of China in recent years, partly in response to production issues in China during the pandemic. Those investments include growing production for Mac Pro computers in Texas.
Still, the US investment could help Apple avoid the cost of Trump’s new tariffs. Although it will be a while before the new facilities are operational and the bulk of Apple’s manufacturing will continue to occur overseas, the announcement could help the company curry favor with the president. And that could be useful if Apple seeks an exemption to the China tariffs, as it did during Trump’s prior term.
“We are bullish on the future of American innovation, and we’re proud to build on our long-standing US investments with this $500 billion commitment to our country’s future,” said Cook in a statement from the company.
And I already know yall will come in here with a lack of understanding and say "that's just going to make iphone prices go up". Even if that's the case, the money will be in the USA, which should be a positive thing to you if you were born and raised here:
Apple, facing tariffs on Chinese imports, says it will invest $500 billion in US facilities
By Chris Isidore and Clare Duffy, CNNUpdated 12:17 PM EST, Mon February 24, 2025
New York City.
New YorkCNN —
Apple said Monday it will invest $500 billion on expanding US facilities over the next four years, a move that could help it avoid new tariffs on goods imported from China.
Apple said the investment will create 20,000 jobs.
Earlier this month, President Donald Trump announced tariffs of 10% on all imports from China, from which Apple imports many products, including most of its iPhones. Trump signaled Friday that the company was planning to make this investment following a meeting with Apple CEO Tim Cook on Thursday. Trump attributed the investment to his tariffs.
However, the investment builds on Apple’s previous efforts to expand its supply chain outside of China in recent years, partly in response to production issues in China during the pandemic. Those investments include growing production for Mac Pro computers in Texas.
Still, the US investment could help Apple avoid the cost of Trump’s new tariffs. Although it will be a while before the new facilities are operational and the bulk of Apple’s manufacturing will continue to occur overseas, the announcement could help the company curry favor with the president. And that could be useful if Apple seeks an exemption to the China tariffs, as it did during Trump’s prior term.
“We are bullish on the future of American innovation, and we’re proud to build on our long-standing US investments with this $500 billion commitment to our country’s future,” said Cook in a statement from the company.
Last edited: