Apple Invests Another $100 Billion Into The U.S., Trump Says—As Shares Jump 5%

Core Viewpoint - President Trump announced an additional $100 billion investment by Apple to expand U.S. manufacturing, complementing a previously announced $500 billion commitment, which includes plans for a new factory and tens of thousands of new jobs [1][2]. Group 1: Investment and Manufacturing Plans - The new "American Manufacturing Program" aims to bring more of Apple's supply chain to the U.S., focusing on domestic manufacturing of critical components [1]. - Apple's investment includes a doubling of its "Advanced Manufacturing Fund" to $10 billion, a new factory in Houston, and a training facility in Michigan, which will create 20,000 new jobs [2]. - All iPhones and Apple Watches sold globally will feature cover glass produced in Kentucky under the new manufacturing plans [3]. Group 2: Tariffs and Trade Relations - The U.S. will impose "approximately 100%" tariff rates on chips and semiconductors, but companies manufacturing in the U.S. will not incur charges on tech supplies [2]. - Trump has indicated that Apple would face a 25% tariff unless production is shifted to the U.S. from India, where a majority of iPhones sold in the U.S. are currently manufactured [5]. Group 3: Market Reaction - Following the announcement of the new U.S. investment, Apple's shares rose by 5% to $213.25 [3]. Group 4: Broader Economic Context - Trump has been pressuring companies to increase U.S. production amid his tariff policies, which have affected various sectors, including retail [6].