Overview
- President Trump threatened to impose 100 percent import tariffs on all computer chips before offering Apple an exemption if it commits to domestic production.
- Tim Cook delivered a one-of-a-kind engraved silicon-glass disc mounted on a 24-karat gold base, which was designed by a former U.S. Marine working at Apple.
- Trump announced that all iPhone and Apple Watch cover glass will be produced at Corning’s Harrodsburg, Kentucky, plant, which will be expanded into the world’s largest smart-glass line.
- Apple raised its U.S. manufacturing investment commitment from $500 billion to $600 billion to secure the tariff carve-out.
- The carve-out for domestic production locks in Apple’s exemption from the tariffs and underscores a broader industry push to reshore critical components as U.S.–China trade tensions intensify.