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Made in US: A 24-k gold gift for Trump, a tariff relief for Apple - watch

IndiaTimes Thursday, 7 August 2025 ()
Apple CEO Tim Cook gifted President Trump an American-made glass engraving, securing a significant advantage for Apple. Trump announced that companies like Apple, manufacturing in the US, would be exempt from upcoming tariffs on semiconductor imports. Apple also pledged an additional $100 billion investment in its US operations over the next four years.
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News video: Tim Cook Full Speech: Apple Announces $100 billion expansion plan in U.S after tariff threat

Tim Cook Full Speech: Apple Announces $100 billion expansion plan in U.S after tariff threat 04:56

President Donald Trump has unveiled Apple’s staggering $100 billion expansion plan in the U.S., raising its total investment pledge to $600 billion over the next four years. The Oval Office announcement follows months of tariff threats from Trump, who recently floated a 25% tax on foreign-made...

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