Tim Cook to appear with Trump in the White House while Apple announces an investment of $ 100 billion

Apple CEO Tim Cook will join President Donald Trump at the White House on Wednesday afternoon to announce a new $ 100 billion commitment to invest in the United States, according to a CNBC report. Nicknamed the “American manufacturing program”, the appearance of Cook occurs the same day that Trump is committed to increasing the prices on India goods to 50%, although it is still not clear if the products manufactured by Apple manufactured in this country will be exempt from the historically high rate.

“Today’s announcement with Apple is another victory for our manufacturing industry that will simultaneously help reshaped the production of critical components to protect economic and national security in America,” a White House spokesman in Bloomberg said in a statement.

Apple has moved more from its production in India in recent years. This change had a measurable impact on the smartphones market in the United States, making India the source of most of the phones bought in the United States for the first time last week, according to Bloomberg. Apple competitors, like Samsung, also moved the production of China. Many other electronic devices made by Apple, including macbooks, iPads and Apple watches, are now made in Vietnam.

Cook said on a call for results that “the vast majority” of iPhones sold in the United States come from India, but it may not be enough for Trump, who wants these phones to be built in the United States. I don’t want you to build in India.

Apple announced a new investment of $ 500 billion in the United States in April, and this new $ 100 billion commitment will be in addition to this, according to Bloomberg. But Apple does not plan to make iPhones in the United States, which undoubtedly intervenes the president, who wants everything to be made in America. Trump previously threatened a 25% rate on all phones imported from other countries.

The members of the Trump regime were criticized to imagine a world where everything is produced in the United States, as when the secretary of trade Howard Lutnick appeared on Face the nation The weekend after the announcement of Trump’s “Liberation Day” rate in April.

Lutnick also seemed to suggest that most of the jobs that return to the United States are said to be for robots and were ridiculed in a series of AI videos showing Americans in misery workshops. But the Secretary of Commerce later insisted that the jobs would not only be for robots.

Trump has signed an executive decree gutting India with an additional 25% rate as a punishment for the purchase of Russian oil, which should take effect later this month. It is in addition to another rate of 25% on Indian products that will start on Thursday. Trump said he was trying to punish countries with Russia in order to end the war in Ukraine. But so far, nothing has changed, and it is not clear if the addition of a huge price of 25% on India will do everything to end this conflict.