Donald Trump is limited to the pressure of $ 100 billion in the pledge of investment in apples

Apple plans to enhance investment in the United States by $ 100 billion (75 billion pounds) as the technology giant is under pressure from President Donald Trump.

The White House said that the money will be used to encourage companies to create more apple parts in the United States and will add to the company Previous pledge To spend $ 500 billion in the United States over a period of four years.

This comes after Trump designed Apple by name earlier this year, and threatened to raise the definitions of its products if it was not transferred to the manufacture of iPhone to the United States.

Tim Cook, CEO of Apple, pointed last week to the company’s commitment of the previous company and said it is looking to “do more” because it tries to avoid a wave of tariffs that are preparing to strike its products.

During an official announcement at the White House on Wednesday, the president said that as part of the investment, Apple will increase the spending significantly on the local supply chain, including by establishing new data centers throughout the country and building a smart glass production line in Harrisburg, Kentucky that will be used in iPhones and Smartwatches.

Trump praised the company to transfer production to the United States and said they would avoid a 100 % tariff he was planning on chips and semi -conductors. Not provided more details about the new tariff plan, but he said that other companies can avoid taxes similarly if they invest in the United States.

Mr. Cook, who personally donated a million dollars in Melille, told Trump’s opening committee, that the initial local investment of the amount of $ 500 billion “has already achieved results.”

The CEO said the new financing “will motivate more production here in America for the critical ingredients used in Apple products all over the world.”

Mr. Cook Trump also presented a glass statue, which he collected at the Hazem Oval Office.

Analysts said that any major change in the Apple supply chain will take time, but the company’s promise may help it win lighter treatment than the White House, given that Trump’s focus on increasing commercial investments in the United States.

The stocks rose more than 5 % on Wednesday after the news.

In a statement on Wednesday, the White House said that the company’s last pledge was a sign that Trump’s policies were convincing to put more money in the United States.

“Today’s announcement with Apple is another victory for our manufacturing industry, which will simultaneously help reproduce critical ingredients to protect US economic and national security,” a White House spokesman said.

Apple has always made the largest part of its products in China.

During Trump’s first period, duties have avoided after agreeing to invest in America, in ads coordinating with the White House.

However, since Trump’s launch, it has been scrambling a new tariff war in January, and announced an additional 30 % tax on Chinese Chinese goods.

Apple responded to changes Her supply chainShipping goods to the United States primarily From India and VietnamThat faces less tariffs on their exports.

But the company is still paying more than $ 800 million of new border taxes on its products over the three months that ended in June, which reflects the mutual global definitions in Trump, which have been present since April.

It is expected to pay another $ 1.1 billion in the coming months, despite the exemptions from the measures that the White House gives to some electronics in April.

With the customs tariffs on Indian goods now at an altitude of up to 50 %, concerns of customs tariffs sparked.

At an invitation with investors, Mr. Cook emphasized the participation of Apple in the United States, and its long strategy represented in working with “third parties” to make investments.

He referred to its previously announced plans to launch the “Manufacturing Academy” in Michigan, In addition to its pledge to purchase $ 500 million of rare Earth magnets of MP materials, which expand the production of rare Earth in the United States. The United States government has taken a stake in that company as well, while adhering to a minimum price to produce it.

Since his return to office, Trump has often promoted high -level investment commitments by companies such as Apple. Analysts say that the numbers he uses often appear exaggerated and there There is no evidence of a wider direction.

Paulo Pescator, the founder of PP Foresight, praised Mr. Cook for Apple’s skill through “turbulent times”, but he said that he should still see what investment means for many different pieces that enter Apple devices and their production place.

“Certainly, if you look at the case today, it is impossible now to think that everything can be suddenly produced, manufactured and assembled in the United States overnight,” he said.