Amid Donald Trump-imposed tariffs, Apple has announced what it called largest-ever spending commitment, $500 billion over four years.
Tech giant Apple says it will build a new manufacturing facility in Texas at some point in 2026 which will create "thousands" of new jobs including in artificial intelligence.
The iPhone maker's announcement comes just days after the company’s CEO Tim Cook met with President Donald Trump amid concerns about the impact of tariffs.
Yahoo Finance will chronicle the latest news and updates on Trump's tariffs — from the threats to the eventual policy.
"We've never had quotas or targets for Apple. Our strength has always come from hiring the very best people and then providing a culture of collaboration," Apple CEO Tim Cook shared during the meeting, per CBS News. "Our North Star of dignity and respect for everyone, and our work to that end, will never waver."