Apple's $100 Billion U.S. Manufacturing Push: Tim Cook's Gift to Trump Unveiled

Apple CEO Tim Cook gifted Donald Trump a unique glass with a 24-karat gold base before announcing a $100 billion investment in U.S. manufacturing. The company plans to use American-made rare-earth magnets and expand its investment to $600 billion over four years, creating 20,000 jobs.

In a significant announcement from the White House on Wednesday, Apple CEO Tim Cook unveiled a new $100 billion investment in U.S. manufacturing. The news was marked by a gesture of goodwill towards President Donald Trump, with Cook presenting Trump a distinctive glass etched with a 24-karat gold base.

The elaborate piece, crafted by an ex-Marine and current Apple employee, symbolizes not only a personal touch but a deeper business commitment. Cook brought attention to the American craftsmanship involved, highlighting that the glass was produced in California by a former U.S. Marine Corps corporal.

Beyond the symbolic gift, Cook shared Apple's ambitious manufacturing expansion plans. The company aims to source rare-earth magnets solely from U.S. suppliers, partnering with MP Materials, the nation's sole fully integrated producer, to supply components for Apple's global products. The deal also includes constructing a high-tech recycling facility in California, part of Apple's expanded $600 billion investment strategy, aiming to generate 20,000 jobs.

(With inputs from agencies.)