Apple’s $100B US commitment got it a 100% chip tariff exemption

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During today’s Oval Office press conference, President Donald Trump announced that Apple will be exempt from an upcoming “very large tariff on chips and semiconductors”. Here are the details.

Today, Apple announced the American Manufacturing Program (AMP), adding $100 billion to its previously pledged $500 billion investment aimed at expanding domestic facilities and creating jobs.

During the press briefing in which, among other things, Apple CEO Tim Cook gifted President…



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Apple’s $100B US commitment got it a 100% chip tariff exemption


During today’s Oval Office press conference, President Donald Trump announced that Apple will be exempt from an upcoming “very large tariff on chips and semiconductors”. Here are the details.

Today, Apple announced the American Manufacturing Program (AMP), adding $100 billion to its previously pledged $500 billion investment aimed at expanding domestic facilities and creating jobs.

During the press briefing in which, among other things, Apple CEO Tim Cook gifted President…



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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