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The Independent UK
The Independent UK
John Bowden

Trump and Apple’s $600B announcement could be the cost-saving tariff lifeline iPhone addicts are craving

Donald Trump and Tim Cook will announce a new $100 billion investment in U.S. manufacturing at the White House on Wednesday as the Apple CEO makes a clear bid to spare his company the brunt of the Trump administration’s impending tariff costs.

The White House said Wednesday that Cook will announce a total of $600 billion in U.S. manufacturing efforts, building on a figure of $500 billion the company announced in February. Cook’s announcement of the new $100 billion investment comes just one day before enforcement of some of Trump’s so-called “reciprocal” tariff rates is to begin.

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