In a recent announcement, former President Donald Trump has called on Big Tech companies to bring their operations back to the United States, with Apple being the latest company to heed this call. According to Trump, Apple is set to significantly shift its investment strategy, moving its production from Mexico to the United States.
During a meeting with governors, Trump revealed that Apple CEO Tim Cook promised to relocate the company’s manufacturing plants from Mexico to the U.S. Cook also pledged hundreds of millions of dollars in investments within the United States, aiming to avoid tariffs. Trump highlighted that Cook has already halted two manufacturing facilities in Mexico and will now focus on building products domestically. However, it is unclear which specific production plants Trump referred to, as Foxconn Technology Group, which manufactures iPhones for Apple, has a considerable production presence in Mexico and plans to expand further.
Big Tech and Government Relations
Apple has not yet released an official statement regarding this strategic shift. However, it is evident that Cook has been actively fostering a close relationship with the former president. Cook attended Trump’s inauguration event and visited his Mar-a-Lago estate in Florida during the presidential transition.
As Apple navigates this new phase of investment and production, it will be interesting to see how the company’s financial performance and market position are affected. The shift may also influence other tech companies to reconsider their manufacturing strategies and potentially follow suit.
This strategic move by Apple underlines the ongoing interplay between Big Tech and government policies, shaping the future of technology manufacturing in the United States.