India, Feb. 22 -- President Donald Trump on Friday announced that tech giant Apple is planning to invest "hundreds of billions of dollars" in the United States, labelling the move an outcome of his administration's tariff policies in bolstering the American economy.

Speaking at a meeting with the US governors, Trump revealed that he recently met with Apple's CEO, Tim Cook, who, according to the president, confirmed that he will be making a massive investment in the country.

"Yesterday I had Tim Cook in the office from Apple, he's investing hundreds of billions of dollars. That's what he told me. Now he has to do it," Trump said at the gathering organised at the White House.

Meanwhile, Cook, the chief executive of the Silicon Valley tec...