Supply ChainApple 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
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
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.