Trump: Apple Will Build Many Plants in the US via $500B Pledge—Is It the End for India, China?

The massive reshoring for different US companies is something that may be coming soon, and President Donald Trump seems to know a thing or two about these plans, especially those of Apple's. In fact, Trump has revealed that Apple has a $500 billion pledge to build many plants in the United States.

Apple is one of the many US companies that have outsourced their manufacturing and assembly to other countries, primarily in China, Taiwan, and most recently, India. However, Trump's tariffs have greatly affected how these companies are operating at present.

Trump: Apple Will Build Many Plants in the US with $500B

CNBC's latest report talked about a recent statement shared by President Trump from the Oval Office regarding the recent developments in Apple's plans to bring their manufacturing to the country.

According to President Trump, Apple CEO Tim Cook recently had a conversation with him regarding the massive $500 billion pledge from the company, all towards making this reshoring possible.

Trump said that with Apple's $500 billion, the company would be able to create many plants all over the United States to manufacture iPhones, and POTUS has already declared that he is looking forward to that.

This $500 billion pledge was revealed last February, and it was intended to help expand its many operations in the US, including the assembly of artificial intelligence servers in Houston.

Is This the End for Apple's Plants in India, China?

That being said, there is still no word if this reshoring to the United States would affect the company's operations in manufacturing iPhones, other devices, and their components in their present locations in China and India.

Apple may still keep them active and utilize their outsourced production to supply the rest of the world with their devices, while America would receive the technology straight from home. This allows the company to avoid Trump's tariffs altogether.

Apple and Its Operations Amidst the Tariffs Era

Apple has been busy trying to figure out how to deal with Trump's tariffs. In fact, it was reported that the company flew planes full of iPhones to the United States to curb the import taxes from the Trump administration.

Since then, it was also floated by President Trump's cabinet members and spokesperson that Apple has been in close talks with the country's leader about the plans to reshore Apple's manufacturing and bring it to the US. The US President also believes that Apple has the capabilities and means to reshore the iPhone's manufacturing to the US and avoid the tariffs altogether.

There is still no official word from Apple regarding their move back to the US, and it is only President Trump and his administration who have something to say behind it.