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Apple, facing tariffs on Chinese imports, says it will invest $500 billion in US facilities
Apple said Monday it will invest $500 billion on expanding US facilities over the next four years, a move that could help it avoid new tariffs on goods imported from China.
Apple said Monday it will invest $500 billion on expanding US facilities over the next four years, a move that could help it avoid new tariffs on goods imported from China. Trump thanked Cook and Apple for the announcement in an all-caps post on Truth Social early Monday, in which he took credit for the decision. It said part of the investment it will create an academy in Detroit to train small- and medium-sized businesses on implementing AI and smart manufacturing techniques.
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