professorkamrankhan@gmail.com 
After an early-morning tease, further reports claim that Apple will invest another $100 billion into manufacturing in the United States, and President Donald Trump is expected to announce it on Wednesday alongside CEO Tim Cook.
Early on Wednesday, it was said by a White House advisor that Apple could make a major announcement involving investment in the United States later in the day, A short time later, and the White House has pressed ahead in declaring it will be happening.
The statement from White House spokesperson Taylor Rogers received by Bloomberg states that Apple will be announcing another investment into U.S.-based manufacturing.
“President Trump’s America First economic agenda has secured trillions of dollars in investments that support American jobs and bolster American business,” Rogers states. “Today’s announcement with Apple is another win for our manufacturing industry that will simultaneously help reshore the production of critical components to protect America’s economic and national security.”
While the contents of the announcement isn’t revealed in the statement, an anonymous White House official told the report that the investment will be in the region of $100 billion.
Trump will be making the announcement, with expectations that Apple CEO Tim Cook will also be in attendance.
More investment
Early reporting claims that the new $100 billion is said to be on top of the $500 billion announcement made by Apple in February into U.S. holdings. That $500 billion pledge was said at the time to go towards an expansion of the Advanced Manufacturing Fund and a manufacturing facility in Houston, Texas, among other investments.
However, while a PR coup for the White House, the February $500 billion investment pledge was simply a continuation of Apple’s previous investment confirmations, and not a massive rise either. In 2018, it pledged to spend $350 billion on projects in the U.S., followed by another $430 billion in 2021.
The new Apple investment claim also follows a Trump announcement from earlier in the day about TSMC investing $300 billion into U.S. manufacturing.
It is currently unknown what exactly the fresh $100 billion investment will be spent on.
Apple has yet to comment on the expectations of an announcement, nor has confirmed the announcement itself.
