Protectionism

Jack Nicastro | 2.25.2025 10:36 AM

Apple announced on February 24 that it will spend and invest more than $500 billion in the U.S. over the next four years. President Donald Trump took to social media to credit his administration for the announcement. Without his policies, the president said, Apple "wouldn't be investing ten cents." However, Trump's antitrust and trade policies could be the very thing that prevents other large firms from making similar announcements.

Apple's plans include a 250,000-square-foot server manufacturing facility in Houston, which will power Apple Intelligence, its proprietary generative AI; doubling its U.S. Advanced Manufacturing Fund from $5 billion to $10........

© Reason.com