Donald Trump pressure extracts $100bn Apple investment pledge

The president had been pressing Apple to do more of its manufacturing in the US.

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The White House said the money would be used to encourage firms to make more Apple parts in the US and would add to the company's previous pledge to spend $500bn in the US over four years.

It comes after Trump singled out Apple by name earlier this year, threatening to raise tariffs on its products if it did not move iPhone manufacturing to the US.

Apple chief executive Tim Cook last week referenced the company's earlier commitment and said it was looking to "do more" as it tries to avoid a wave of tariffs poised to hit its products.

During a formal announcement at the White House on Wednesday, the president said that as part of the investment, Apple would "massively" increase spending on its domestic supply chain, including by creating new data centres across the country and building a smart glass production line in Harrisburg, Kentucky that will be used in iPhones and smartwatches.