Apple Stays Committed to Indonesia Despite US Trade Deal
Apple shares rose 1.6% in Frankfurt after the company announced an additional $100 billion investment in U.S. operations. The move aims to ease concerns over potential U.S. tariffs on imported semiconductors, as President Donald Trump confirmed a 100% tariff would not apply to firms committed to domestic manufacturing. This follows Apple’s earlier $500 billion pledge to expand its U.S. footprint. Trump reiterated that companies building in the U.S. would be exempt from the chip import tax, although no formal implementation timeline was given.
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