Apple pledges $100 billion more in US investment, Trump hails ‘companies coming home’

President Donald Trump announced on Wednesday that Apple will invest an additional $100 billion in the United States, a move that could help it sidestep potential tariffs on iPhones.

The new pledge raises Apple’s total domestic investment commitment in the US to $600 billion over the next four years. The announcement centres on expanding Apple’s supply chain and advanced manufacturing footprint, but still falls short of Trump’s demand that Apple begin making iPhones domestically.