California, Aug. 7 -- Tech giant Apple is investing another USD 100 billion to expand its operations in the United States, the company announced, as President Donald Trump said he would levy a large
import tax on chips coming into the country.
Apple's investment comes after the tech giant already committed USD 500 billion to growing its domestic footprint earlier this year as tariffs levied by Trump on US trading partners have cost Apple billions, reports CNN.
The new effort involves expanding Apple's relationship with its key domestic suppliers as Trump pressures Apple and other tech giants to shift production to the US.
At an Oval Office event to celebrate the investment, Trump doubled down on his tariff strategy by threatening 100 per...