President Donald Trump has revealed discussions with Apple CEO Tim Cook, indicating he is planning to invest hundreds of billions of dollars in the United States to circumvent upcoming tariffs.

Washington

President Trump has revealed discussions with Apple CEO Tim Cook, indicating potential investment commitments from the tech giant. Trump stated that Cook is planning to invest hundreds of billions of dollars in the United States to circumvent upcoming tariffs. The remarks were made during a talk with governors at the White House. However, no specifics have been provided regarding the exact amount or intended locations for these investments. The anticipation around these investments grows as details remain vague.

In addition, President Trump hinted at forthcoming investments by automakers and chip manufacturers, also aimed at avoiding tariffs. These tariffs have been announced but are not yet in effect. Critics point out that it remains unclear whether some of these investment plans predate the tariff announcements. 

In related developments, the U.S. administration, according to Bloomberg, may soon sign a memorandum that could lead to tariffs in response to digital services taxes imposed by several countries. Trump has been opposed to these taxes, which predominantly impact major tech companies. This move, one step short of an executive order, could have significant implications for international trade relations involving digital services.



Apple to invest billions in America to avoid tariffs

President Trump speaking from the Oval Office last hour, giving us some headlines, some insight into what he discussed with Tim Cook yesterday, the Apple CEO. Megan Casella, what can you tell us? Kelly, that's right. So we previously had not known what was the focus of that meeting in the Oval yesterday between President Trump and Apple CEO Tim Cook, but Trump hinting this afternoon, speaking to some governors at the White House, that Apple is now planning to invest what he says will be hundreds of billions of dollars in the U.S. and that they'll be doing it in order to avoid the tariffs. Take a listen. Yesterday, I had Tim Cook in the office from Apple. He's investing hundreds of billions of dollars. I don't know. I hope he's announced it. Hope I didn't announce this. But what the hell? All I do is tell the truth. That's what he told me. Now he has to do it. Right. So it's a good. But he's investing hundreds of billions of dollars and others, too. We're going to have a lot of chip makers coming in, a lot of automakers coming in. So automakers and chip makers, you hear him say, there will be investing in the U.S. as well, in addition to Apple. All of that, he says, will be to avoid the tariffs that he has announced that are yet to take effect. I will say, guys, a lot of wait and see here. We did not get any details beyond what you just heard there. So a lot to wait for in terms of how much is going to be invested, where those investments will go, whether any of this might have predated the tariff announcements. That's something we have seen in the past. So a lot to look for there, but something to look forward to from Apple and other companies as we wait to see some reaction to these tariffs. And just one other thing to flag for you guys, in just over an hour from now, we do expect the president to sign some more executive orders and presidential memoranda as well. We are still trying to confirm what exactly those will be. But one thing that's out there, Bloomberg is reporting that one memoranda will open the door for the U.S. to allow levies or tariffs in response to digital services taxes. So we know Trump has long been against digital services taxes that some countries in Europe and across the world use, and they really target tech giants. Trump tried to do something about this in his first term. Now Bloomberg is reporting that this memorandum, so again, one step down from executive order, this would pave the way to potentially use tariffs to respond to those taxes. So more details to come potentially later this afternoon, guys, on that one. Thank you very much, Megan Casella. We appreciate it. A lot more to watch this hour.

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Jerusalem

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London

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Kyiv

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A Wisconsin woman on Tuesday was found guilty in the United Kingdom of trying to kill a man at point-blank range in 2019. Aimee Betro, 45, was part of a plot with two other co-conspirators to murder Sikander Ali, prosecutors said.

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