Apple is planning to boost investments in its home country by another $100 billion, as it comes under pressure from the Trump administration to do more manufacturing in the US.
The White House said the money would be used to try to expand Apple’s supply chain in the US and would add to the company’s previous pledge to spend $500bn in the US over four years.
Apple did not immediately comment.
According to Reuters, President Trump’s tariffs cost the company $800 million in the June quarter and spurred some customers to buy iPhones in late spring this year.
Apple has been shifting its production bound for the US, sourcing iPhones from India and other products such as Macs and Apple Watches from Vietnam.