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Apple expands iPhone glass deal to avoid Trump tariffs
Mint Kolkata
|August 08, 2025
Cook announced that Apple will increase its US investment commitment to $600 billion over four years
Apple Inc. chief executive officer (CEO) Tim Cook is using a familiar strategy to stay in Donald Trump's good graces: expanding existing initiatives to show he supports the president's "Made in the USA" agenda.
Standing in the Oval Office on Wednesday between Trump and vice president J.D. Vance, Cook announced that Apple will increase its US investment commitment to $600 billion over four years—up from the $500 billion pledged after Trump's second-term victory.
A centerpiece of the expansion is a $2.5 billion investment into Corning Inc., Apple's longtime glass supplier. For the first time, the cover glass for all iPhones and Apple Watches will be manufactured in the US, at Corning's facility in Kentucky.
Dit verhaal komt uit de August 08, 2025-editie van Mint Kolkata.
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