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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Credit: The Hollywood Reporter Duration: 02:07Published
THR pulls Jason Segel aside for some "Off Script" moments ahead of his THR Roundtable interview and shares the last thing he googled, his trailer must-haves and what he would be doing if he didn't become an actor. Plus, he gives THR his personal prep for filming an episode of his Apple TV+ show 'Shrinking.'
Credit: The Hollywood Reporter Duration: 02:53Published
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Credit: The Hollywood Reporter Duration: 01:20Published
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Credit: The Hollywood Reporter Duration: 02:54Published
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His remarks come amid chaos over the Trump administration doubling the tariff imposition to 50 per cent on goods from India. During trade negotiations the United.. DNA
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"For us, the interest of our farmers is our top priority. India will never compromise on the interests of farmers, fishermen and dairy farmers," PM Modi said.. IndiaTimes
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French President Emmanuel Macron has issued a dire warning about the security of Europe, calling the current geopolitical climate the gravest threat since World War II. In a hard-hitting speech on the..