Apple May Put $600 Billion in US Amid Trade Tensions
Apple may soon tell of a $600 billion US spend over four years. This news comes as the firm faces trade worries and the Trump team's push on its making things abroad.
The Spending Plan
The talked of $600 billion is $100 billion more than Apple's past plans. This boost seems to aim to keep off new trade fees by Trump, maybe on things made in India.
Why This Matters World Politics and iPhone Making
This follows Apple's move of much iPhone making from China to India, a shift meant to dodge US tariffs on Chinese items. Yet, India might face new US tariffs too, with a possible 25 percent general fee. These ups and downs make planning tough for Apple's wide-reaching supply web.
Trump has left iPhones out of some China tariffs before, but ongoing global strains make steady plans hard for the firm.
What's Next and the White House View
An official word on this spend is expected after a meet at the White House between Apple's head, Tim Cook, and Trump. This bigger spend in the US fits with Trump’s aim to bring more Apple making to America.
In a May talk, Trump made his view clear:
"I told Tim Cook we don't want Apple to build in India, let them handle it, you boost your making here [US]."
