As Trump tariffs loom, Apple pledges more than $500bn in US investment, new Texas factory

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Apple has today announced that it is committed to invest more than $500 billion in the United States over the next four years, including 20,000 U.S. jobs and a new factory in Houston, Texas.

The $500 billion headline figure is not all new, with much of what is promised in the announcement having been pledged before. The news is clearly aimed at satiating the Trump administration, with Apple perhaps hoping it will be enough to get tariff exemptions on its products.

Apple described the sum as its largest-ever spending commitment….



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As Trump tariffs loom, Apple pledges more than $500bn in US investment, new Texas factory


Apple has today announced that it is committed to invest more than $500 billion in the United States over the next four years, including 20,000 U.S. jobs and a new factory in Houston, Texas.

The $500 billion headline figure is not all new, with much of what is promised in the announcement having been pledged before. The news is clearly aimed at satiating the Trump administration, with Apple perhaps hoping it will be enough to get tariff exemptions on its products.

Apple described the sum as its largest-ever spending commitment….



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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