Published Date: 03.04.2025 02:56 / Politics

Trump: Apple, Nvidia, TSMC Invest in US

Trump: Apple, Nvidia, TSMC Invest in US

President Donald Trump announced on Wednesday that several major technology companies have decided to either relocate or significantly expand their operations in the United States. The move comes in the wake of newly introduced tariffs aimed at discouraging foreign manufacturing and boosting domestic investment.

Speaking from the White House, Trump emphasized that many of these companies had previously produced their goods in China but have now pledged to reinvest in the U.S. economy. Among the commitments he listed were Apple Inc. with a $5 billion investment, Oracle Corporation with $500 million, Nvidia Corporation with 'hundreds of billions,' Meta Platforms Inc. pledging $500 billion, and Taiwan Semiconductor Manufacturing Company Ltd. (TSMC) promising $200 billion.

Trump stated that these announcements are a direct result of his administration’s trade strategy, which places tariffs on foreign-made goods to level the playing field for American manufacturers. He credited the shift in investment to the effectiveness of the economic pressure applied through these trade policies.

The president also issued a stern warning to any country or entity considering the circumvention of U.S. tariffs. He made it clear that there would be consequences for those attempting to avoid these economic measures, stating that any such efforts would be met with further repercussions.

“Buy American goods and treat the U.S. fairly in trade,” Trump said, addressing foreign governments and global corporations. He emphasized that economic fairness and national interest would continue to be at the forefront of his administration’s trade policy.

The announcements mark a major milestone in Trump’s ongoing push to reshape the global trade landscape and bring high-value manufacturing back to American soil. Industry experts are watching closely to assess the long-term economic impact of these promised investments and their potential to generate jobs and boost innovation within the U.S. technology sector.