Apple faces geopolitical pressure. Will increase US investments by $100 billion
Technology giant Apple has tentatively approved a $100 billion increase in investment in the American economy. White House economic adviser Kevin Hassett announced the announcement in an interview with Fox Business Network.
Early in his presidency, Donald Trump announced that he would impose tariffs of at least 25 percent on iPhones if they were imported from factories outside the United States.
In response to these declarations, Apple CEO Tim Cook announced in February that the company would invest $500 billion in the US over the next three years.
In order to avoid tensions in economic relations, the company moved part of the production of the latest smartphone models from Chinese factories to India.
In the third quarter of the 2024/25 fiscal year, i.e. from April 1 to June 30, Apple had revenues of USD 94 billion, of which revenues from iPhone sales exceeded USD 44.5 billion.
However, given the open conflict over the duties to be paid by Indian refineries that purchase and process Russian crude oil, it cannot be ruled out that a decision will have to be made on another production transfer.
Therefore, after talks between the company's representatives and the federal administration, Donald Trump will tonight announce a new investment package of $100 billion for Apple to build new factories in the US.
Journalist, graduate of political science at the Faculty of Law and Administration of the Jagiellonian University. Associated with the media for over 40 years. After graduating in 1982, he worked on the editorial staff of "Gazeta Krakowska" and "Kurier Polski." A member of the editorial team of "Przegląd Techniczny." He has published articles in "Student," "Przekrój," and "Życie Literackie." Since the economic and political transformation, he has been associated with Reuters as a correspondent in Krakow for over 20 years. For the next three years, he conducted practical classes with students at the Institute of Journalism, Media, and Social Communication of the Jagiellonian University. Since December 2021, he has joined the PTWP Group and works for the WNP.PL portal. His main professional interests include economics and politics at the global level and the participation of Polish business in this field, particularly companies listed on the Warsaw Stock Exchange. Winner of the "Ostra Pióra" award, granted for "spreading economic education" by the BCC, as well as the Golden Pear - a journalistic award of the Małopolska Branch of the Association of Journalists of the Republic of Poland.
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