by ZeroHedge News Staff at ZeroHedge
The latest onshoring trend, spurred by President Donald Trump’s tariffs on Chinese imports, has led to a major announcement from Apple. The company has embraced “Make America Great Again” with plans to hire 20,000 US workers to manufacture high-tech AI servers in the Heartland and invest hundreds of billions of dollars in new factories.
Bloomberg reports Apple plans to unleash a tsunami of investments in the US, upwards of $500 billion over the next four years, including a new AI server manufacturing plant in Houston, Texas, and a supplier academy in Michigan.
This disclosure comes just days after President Trump announced that Apple CEO Tim Cook plans to relocate manufacturing operations from Mexico to the US.
“He’s investing hundreds of billions of dollars,” Trump said after his meeting with Cook at the end of last week, adding that the executive is ramping up US investments because he wants to avoid tariffs.
Earlier this month, Trump imposed a 10% US levy on Chinese imports, where Apple manufactures most of its iPhones, iPads, Macs, and other products. In a tit-for-tat effort, Beijing announced retaliatory tariffs on US goods shortly after.
Apple’s $500 billion investment and promise to add 20,000 new US jobs over Trump’s second term is more evidence that corporate America is more willing to participate in onshoring efforts this time.
Trump responded on Truth Social to the good news:…
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