CEO Tim Cook<\/a> will join President Donald Trump<\/a> for the announcement set for 4:30 p.m. ET.<\/p>\n App<\/a>le will up<\/a> its previous commitment, made in February, from $500 billion to $600 billion<\/a> over the next four years, a White House official told CNBC.<\/p>\n It will also announce a new manufacturing<\/a> program called the American Manufacturing Program, the official said.<\/p>\n Cook has had a mixed relationship with Trump over the past year. While Trump has praised the Apple CEO in the past, in recent months he has said he has a “problem” with the executive and has pushed for Apple to assemble its iPhones<\/a> in the U.S., not China or India.<\/p>\n Apple faces over $1 billion in increased costs this quarter<\/a> because of Trump’s tariffs<\/a> on imports \u2014primarily related to China \u2014 and Cook reminded investors last week that “the vast majority” of its products would be subject to pending new tariffs under a Section 232 investigation.<\/p>\n “We obviously try to optimize our supply chain, and ultimately we will do more in the United States,” Cook said.<\/p>\n Stock Chart IconStock chart icon Apple YTD stock chart.<\/p>\n","protected":false},"excerpt":{"rendered":"Apple CEO Tim Cook speaks during the Apple Worldwide Developers Conference (WWDC) on June 09, 2025 in Cupertino,…\n","protected":false},"author":3,"featured_media":124285,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[4960,104,76,11732,64,81,77,69,79,3722,45854,80,158,24822,67,132,68],"class_list":{"0":"post-124284","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-apple-inc","9":"tag-breaking-news","10":"tag-breaking-news-politics","11":"tag-breaking-news-technology","12":"tag-business","13":"tag-business-news","14":"tag-donald-j-trump","15":"tag-donald-trump","16":"tag-economy","17":"tag-enterprise","18":"tag-livestream","19":"tag-politics","20":"tag-technology","21":"tag-tim-cook","22":"tag-united-states","23":"tag-unitedstates","24":"tag-us"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/114983283556147380","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/124284","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=124284"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/124284\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/124285"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=124284"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=124284"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=124284"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}![\"hide](\"https:\/\/static-redesign.cnbcfm.com\/dist\/a54b41835a8b60db28c2.svg\")
<\/p>\n