WASHINGTON, DC August 6: US President Donald Trump shakes hands with CEO of Apple Tim Cook during a meeting in the Oval Office of the White House on Wednesday August 6, 2025.Demetrius Freeman | The Washington Post | Getty Images
Apple CEO Tim Cook has once again shown his skill in navigating political pressure. On August 6, 2025, Cook joined President Donald Trump at the White House to announce a massive $600 billion U.S. investment plan over the next four years. But despite Trump’s push, there was still no “Made in USA” iPhone.
Instead, Cook highlighted Apple’s existing American partnerships — like Kentucky-based Corning for iPhone glass and Texas suppliers for facial recognition parts — while keeping final iPhone assembly overseas. “The final assembly … will be elsewhere for a while,” Cook said, making it clear that moving all production to the U.S. isn’t happening anytime soon.
The strategy seems to have worked. Trump praised Apple’s efforts and even granted the company an exemption from new chip tariffs that could have doubled prices. Analysts say Cook gave Trump a headline without hurting Apple’s global supply chain — a classic political and business win.
Apple’s new American Manufacturing Program will expand work with U.S. suppliers, create more chip manufacturing partnerships, and invest in AI data centers. The company says it supports 450,000 supplier jobs in the U.S., and partners like Corning, Texas Instruments, and GlobalFoundries will see increased business — though many of these relationships have been in place for years.
While the $600 billion headline sounds huge, experts note it likely includes regular operating costs Apple already spends in the U.S. Still, the announcement sent Apple’s stock up 8% over two days, proving that symbolic moves can have real market impact.
As Wedbush analyst Dan Ives put it, this is simply “the cost of doing business” — and for now, it’s keeping both Apple’s investors and the White House satisfied.
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