Apple raises US investment to $600bn as Trump vows 100% chip tariff

Trump said company can be exempt from new semiconductor tariff if building in US

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U.S. President Donald Trump listens to Apple CEO Tim Cook speak, as they present Apple's announcement of a $100 billion investment in U.S. manufacturing, at the White House on Aug. 6. © Reuters

YIFAN YU

PALO ALTO, California -- Apple announced Wednesday an additional $100 billion investment in American manufacturing, following a $500 billion pledge made in February, as the iPhone giant faces increasing pressure from U.S. President Donald Trump's tariffs.

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