Tim Cook Full Speech: Apple Announces $100 billion expansion plan in U.S after tariff threat
Video Credit: Oneindia - Duration: 04:56s - Published
Tim Cook Full Speech: Apple Announces $100 billion expansion plan in U.S after tariff threat
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 Apple products.
Apple CEO Tim Cook appeared alongside Trump and Commerce Secretary Howard Lutnick and presented a symbolic gold-based souvenir to mark the occasion.
While the investment will expand Apple’s U.S. supply chain, it still falls short of Trump’s demand to manufacture iPhones domestically.
Cook noted that several components — including glass and chips — are already U.S.-made, but final assembly will stay overseas “for a while.” Experts say the move is both a savvy PR maneuver and a strategic way to sidestep future tariff risks.
Apple shares closed up 5%, with suppliers like Corning and Applied Materials also surging after the blockbuster announcement.
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READ MORE : http://www.euronews.com/2025/08/26/elon-musks-xai-sues-apple-and-openai-of-stifling-ai-competition-in-antitrust-lawsuit
Euronews Next is a future-focused news section covering global innovation, science and technology with a European perspective. Our dedicated team of journalists aims to educate and inspire today’s leaders by providing them with analysis and insights into the people and organisations shaping our future
Credit: euronews (in English) Duration: 01:10Published
'Severance's' Britt Lower is opening up about her first audition for the Emmy nominated Apple TV+ series. The actress told THR that when her agent sent her the script for the 'Severance' pilot and encouraged her to audition for the lead role of Helly R. in the summer of 2019, she made it clear how slim her chances of landing the part were.
Credit: The Hollywood Reporter Duration: 01:58Published
Marc Maron sat down with The Hollywood Reporter for "Scene Stealers" to break down moments from his popular TV shows and films like 'Almost Famous,' 'Joker,' 'Maron,' 'Glow' and more. He recalls the moments he improvised in 'Almost Famous' and working with Robert De Niro and Joaquin Phoenix in 'Joker,' as well as what it was like starring in his own series, 'Maron.' Plus, he dishes on working on the Apple TV+ show 'Stick' with Owen Wilson and working with the showrunner to play an "honest" character.
Credit: The Hollywood Reporter Duration: 10:18Published
In a dramatic turn, the Kremlin has called for details of Ukraine peace talks to remain strictly confidential. Spokesman Dmitry Peskov warned that public debate could derail negotiations, stressing that secrecy is key to results. Analysts believe Putin is wary of European leaders—who have pledged strong security guarantees to Kyiv—and instead trusts Donald Trump as a “better negotiator.” Following Trump’s meetings with both Putin and Zelensky, speculation mounts: is Moscow sidelining Europe to cut a Trump-driven deal over Ukraine?
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In a jaw-dropping moment inside the Oval Office, Apple CEO Tim Cook presented President Donald Trump with a one-of-a-kind memento — a stunning disc of iPhone glass mounted on a 24-karat gold base — as he announced Apple’s colossal $600 billion investment in US manufacturing. The handcrafted gift was designed by a former US Marine Corps corporal currently working at Apple and features Trump’s name, Cook’s signature, the Apple logo, and “Made in USA 2025” engraved onto the glass.
The base, made from Utah-sourced gold, symbolizes Apple’s deeper commitment to American soil. Standing beside Commerce Secretary Howard Lutnick, Trump praised Apple’s investment surge and reiterated his push for iPhones to be made in the USA. The latest $100 billion pledge adds to Apple’s earlier announcements to create 20,000 jobs and build domestic infrastructure. This grand gesture — and golden gift — comes amid rising pressure on US companies to bring production home.
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