Apple Inc will announce a domestic manufacturing pledge of $100 billion on Wednesday that will focus on bringing more manufacturing to the United States, a White House official said. The pledge would be a new financial commitment on top of what Apple has already pledged,

Apple CEO Tim Cook will join President Donald Trump at the White House Wednesday afternoon to announce a new $100 billion pledge to invest in the United States, according to a report from CNBC. Dubbed the “American Manufacturing Program,

The announcement includes an additional $100 billion investment by Apple, which brings the company's planned U.S. investments over the next four years to a new total of $600 billion.

WASHINGTON (Reuters) -White House economic adviser Kevin Hassett said Apple Inc was likely to make an investment announcement on Wednesday, as he discussed the financial pledges made by companies and countries under President Donald Trump.

The White House said the pledge would bring more of the company’s supply chain and advanced manufacturing to the United States.

Apple said on Wednesday it would spend an additional $100 billion in U.S. investments, bringing its total investment commitment to the country to $600 billion over the next four years. Sign up to receive the latest updates from U.

Iphone maker Apple shares rose 1.6% in early Frankfurt trade after the company committed an additional $100 billion in U.S. investments, easing concerns over the impact of Washington's tariffs on semiconductor imports.