

Photo: iStock / nemanjazotovic
Tech giant Apple said it plans to add $100 billion to its investments in the U.S., under pressure from President Donald Trump, reports BBC News.
The White House said August 6 that the money would be used to encourage firms to make more Apple parts in the U.S., and would add to the company's previous pledge to spend $500 billion in the U.S. over four years.
Trump singled out Apple by name earlier this year, threatening to raise tariffs on its products if it did not move iPhone manufacturing to the U.S.
Read More: GE to Invest $490M to Reshore Washing Machine Production to U.S.
BBC News said analysts argued any significant change to Apple's supply chain would take time, as the company has traditionally made the bulk of its products in China. But the company's promise might help it win lighter treatment from Trump, given his focus on increasing business investments in the U.S.
"Today's announcement with Apple is another win for our manufacturing industry that will simultaneously help reshore the production of critical components to protect America's economic and national security," a White House spokesperson said in a statement August 6.
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