Apple CEO Tim Cook Cites Trump’s Tax Reform for $350 Billion US Investment

Apple CEO Tim Cook Cites Trump’s Tax Reform for $350 Billion US Investment
The president's son-in-law Jared Kushner, Apple CEO Tim Cook, U.S. President Donald Trump and Microsoft CEO Satya Nadella participate in a meeting of the American Technology Council in the State Dining Room of the White House June 19, 2017 in Washington, DC. Chip Somodevilla/Getty Images
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Apple CEO Tim Cook cited President Donald Trump’s tax reform package as a driver behind the tech giant’s plans for a massive $350 billion investment in the U.S. Economy.

Apple announced on Tuesday that it will repatriate the vast majority of its $250 billion overseas cash back to the United States and invest the funds into the American economy. The company plans to add 20,000 jobs, build a new campus in a U.S. city and invest in the thriving app economy created through its iOS marketplace.

Ivan Pentchoukov
Ivan Pentchoukov
Author
Ivan is the national editor of The Epoch Times. He has reported for The Epoch Times on a variety of topics since 2011.
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