February 21, 2025
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6:04Now PlayingPresident Donald Trump told a gathering of governors that Apple Inc. CEO Tim Cook promised him that the company’s manufacturing would shift from Mexico to the US during a meeting at the White House this week.
Cook “stopped two plants in Mexico” and will build products in the US instead, Trump said on Friday. He spoke the day after he and the Apple leader — who Trump said also promised hundreds of millions of dollars in US investment — met in Washington.
Bloomberg News Chief Technology Correspondent Mark Gurman discusses Apple's broader growth plans in terms of new product offerings like the iPhone 16e and reveals its true strategy when it comes to lessening reliance on China. Mark speaks with Tom Keene and Paul Sweeney on Bloomberg Radio.
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