Apple CEO Tim Cook to join President Trump at White House for American manufacturing investment announcement

President Trump tours Apple Mac Pro facility with CEO Tim Cook in Austin, Texas on Wednesday, November 21, 2019
Apple CEO Tim Cook will join President Donald Trump to announce a $100 billion investment commitment by Apple in U.S. manufacturing. The Oval Office event is scheduled for 1:30 p.m. PDT / 4:30 p.m. EDT.
Kevin Breuninger for CNBC:
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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.

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MacDailyNews Note: As of publication, Apple shares are trading up $8.70 (+4.29%) at $211.62.

$AAPL – APPLE WILL REMAIN LARGELY UNAFFECTED BY THE TARIFFS TARGETING INDIA – CNBC CITING WHITE HOUSE OFFICIALS
— *Walter Bloomberg (@DeItaone) August 6, 2025

Expect specific exemptions from U.S. import tariffs for important Apple products. – MacDailyNews, February 2, 2025

If only we had seen how President Trump’s trade policies played out globally and how the markets reacted and responded previously. [dripping sarcasm]
Anyone who thinks Apple won’t get significant, meaningful U.S. import tariff exemptions hasn’t been paying attention. Profit from the panic of the uninformed and misinformed. – MacDailyNews, March 19, 2025

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