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Trump threatens 100 percent tariff on computer chips with a gigantic loophole

is a senior editor and founding member of The Verge who covers gadgets, games, and toys. He spent 15 years editing the likes of CNET, Gizmodo, and Engadget. Posts from this author will be added to your daily email digest and your homepage feed. In the very first week of his presidency, Donald Trump vowed to force silicon manufacturing back to the United States by making processors more expensive, a threat he’s repeated since. Is he finally going through with that plan? Trump just announced he’

Apple and Trump detail $100 billion U.S. spending expansion, including $2.5 billion for an iPhone glass factory

In this article AAPL Follow your favorite stocks CREATE FREE ACCOUNT U.S. President Donald Trump speaks as Apple CEO Tim Cook gestures, as they present Apple's announcement of a $100 billion investment in U.S. manufacturing, while U.S. Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick stand in the Oval Office at the White House in Washington, D.C., U.S., August 6, 2025. Jonathan Ernst | Reuters Apple CEO Tim Cook and President Donald Trump on Wednesday announced that the i

Apple launches the ‘American Manufacturing Program,’ with a new $100B commitment to the US

Apple just announced a new “$100 billion commitment to America”, which includes plans to move the manufacturing of all of the cover glass for iPhone and Apple Watch to the U.S. Here are the details. Apple’s investment in the U.S. to reach $600 billion over the next four years As Apple investors certainly noticed today, the company’s stock spent most of the day riding on a +5% bump on the news that CEO Tim Cook would join President Donald Trump in the Oval Office to announce a new investment in

OpenAI Really Wants the U.S. Government to Use ChatGPT

OpenAI just struck a deal to give every federal executive branch agency access to ChatGPT Enterprise over the next year for just $1. In a blog post, OpenAI said the deal is meant to advance a key pillar of the Trump administration’s AI Action Plan by making advanced AI tools widely available across the federal government to cut down on paperwork and bureaucracy. The White House unveiled the plan in July, outlining efforts to accelerate AI adoption, expand data center infrastructure, and promote

Apple announces $100 billion US manufacturing plan after pressure from Donald Trump

is a news writer who covers the streaming wars, consumer tech, crypto, social media, and much more. Previously, she was a writer and editor at MUO. Apple is putting another $100 billion toward expanding manufacturing in the US as the company responds to pressure from President Donald Trump to manufacture more of its products in the US. The move builds upon the company’s initial plan to invest $500 billion in the US over the next four years, and includes a new American Manufacturing Program that

Apple made a 24k gold and glass statue for Donald Trump

is a news editor covering technology, gaming, and more. He joined The Verge in 2019 after nearly two years at Techmeme. Posts from this author will be added to your daily email digest and your homepage feed. At a White House press conference to discuss Apple’s new US manufacturing plans, CEO Tim Cook presented a gift to President Donald Trump: a “unique” piece of glass from iPhone glass manufacturer Corning that’s set in a 24-karat gold base. The piece of glass is a large disc with the Apple

Watch live: Apple CEO Cook joins Trump for investment announcement at White House

CEO Tim Cook will join President Donald Trump in the Oval Office for an announcement touting an update to the company's stated plans to spend and invest in the U.S. It's scheduled for 4:30 p.m. ET. Apple will raise its previous commitment, made in February, from $500 billion to $600 billion over the next four years, a White House official told CNBC. It will also announce a new manufacturing effort called the American Manufacturing Program, the official said. Apple shares rose 5% during tradin

Companies Find Potential Way to Avoid Trump Tariffs and Keep Prices Low

Donald Trump’s tariff regime has been scoffed at by business leaders and world economists (Larry Summers, for instance, called it both “crazy” and “dumb”), but the White House hasn’t backed down from its highly unconventional program. The tariffs, which are taxing American businesses on their imports, are reportedly generating billions of dollars in revenue for the federal government on a month-to-month basis. Many businesses aren’t happy about it, however, and now several lawsuits are threateni

Apple shares pop 5% ahead of Trump-Cook investment announcement at White House

Apple CEO Tim Cook speaks during the Apple Worldwide Developers Conference (WWDC) on June 09, 2025 in Cupertino, California. Apple shares popped 5% Wednesday, ahead of an Oval Office event touting an update to the company's stated plans to spend and invest in the U.S. CEO Tim Cook will join President Donald Trump for the announcement set for 4:30 p.m. ET. Apple will up its previous commitment, made in February, from $500 billion to $600 billion over the next four years, a White House official

Tim Cook to Appear With Trump at the White House as Apple Announces $100 Billion Investment

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,” Cook’s appearance comes on the same day that Trump has pledged to raise tariffs on goods from India to 50%, though it’s still unclear if Apple’s goods manufactured in that country will be exempt from the historically high rate. “Today’s announcement with Apple

OpenAI Announces Massive US Government Partnership

OpenAI is partnering with the US government to make its leading frontier models available to federal employees. Under the agreement, federal agencies can access OpenAI’s models for $1 for the next year, per a Wednesday announcement from the company and the General Services Administration (GSA). The partnership is the culmination of months of effort on the part of OpenAI CEO Sam Altman and other OpenAI executives, who have been cozying up to the Trump administration since before President Donald

Tim Cook expected at White House event, Apple ‘largely unaffected’ by India tariffs

Two quick updates to a couple of stories from this morning involving Apple, the Trump administration, and increased India tariffs. First, CNBC reports that the $100 billion U.S. investment increase (over four years) announcement is currently scheduled for 4:30 ET today. Apple CEO Tim Cook is expected to appear alongside President Trump at what is said to be a televised event out of the Oval Office at the White House. It’s no coincidence that Apple will reportedly be “largely unaffected” by the

Trump says Apple will invest a further $100B in US production

A report says that Trump will shortly make an announcement from the White House claiming that Apple will spend a further $100 billion on US manufacturing over the next four years. Apple has so far not confirmed the announcement, which would bring its total domestic spending promise to $600 billion … Bloomberg reports on what appears to be advance sight of a White House press release. President Donald Trump will announce that Apple Inc. will commit to spend another $100 billion on domestic man

FCC abandons efforts to make U.S. broadband fast and affordable

Trump FCC Abandons Efforts To Make U.S. Broadband Fast And Affordable from the this-is-why-we-can't-have-nice-things dept Section 706 of the Telecom Act requires the FCC to determine whether broadband is being deployed “on a reasonable and timely basis” to everyone. If the answer is no, the law says the FCC must “take immediate action to accelerate deployment of such capability by removing barriers to infrastructure investment and by promoting competition in the telecommunications market.” Fo

Democrats ask how Trump’s government will regulate Trump Mobile

is a senior policy reporter at The Verge, covering the intersection of Silicon Valley and Capitol Hill. She spent 5 years covering tech policy at CNBC, writing about antitrust, privacy, and content moderation reform. When a Trump-branded phone on a Trump-branded mobile network launches sometime this year (if all goes according to plan), US regulators will face what’s become a recurring conundrum in Donald Trump’s presidency: how to regulate a product with ties to the head of state. Six Democra

FCC Abandons Efforts to Make U.S. Broadband Fast and Affordable

Trump FCC Abandons Efforts To Make U.S. Broadband Fast And Affordable from the this-is-why-we-can't-have-nice-things dept Section 706 of the Telecom Act requires the FCC to determine whether broadband is being deployed “on a reasonable and timely basis” to everyone. If the answer is no, the law says the FCC must “take immediate action to accelerate deployment of such capability by removing barriers to infrastructure investment and by promoting competition in the telecommunications market.” Fo

Palantir is extending its reach even further into government

President Donald Trump’s administration has dramatically expanded its work with Palantir, elevating the company cofounded by Trump ally Peter Thiel as the government’s go-to software developer. Following massive contract terminations for consulting giants and government contractors like Accenture, Booz Allen, and Deloitte, Palantir has emerged ahead. Now the data analytics firm is partnering with those companies—offering them a lifeline while consolidating its own power. Palantir has become one

White House Orders NASA to Destroy Important Satellite

The White House has instructed NASA employees to terminate two major, climate change-focused satellite missions. As NPR reports, Trump officials reached out to the space agency to draw up plans for terminating the two missions, called the Orbiting Carbon Observatories. They've been collecting widely-used data, providing both oil and gas companies and farmers with detailed information about the distribution of carbon dioxide and how it can affect crop health. One is attached to the Internationa

Trump Deletes and Reposts Tweet About Sydney Sweeney Several Times

President Donald Trump has been very active on Truth Social this morning, firing off posts about everything from last week’s terrible jobs report to India’s oil imports. But the president’s post about Sydney Sweeney and Taylor Swift had to be deleted and reposted several times to correct spelling errors on Monday. And it speaks to the chaos going on behind the scenes as the president posts to social media when he’s supposed to be running the country. Sweeney is currently at the center of an onl

Trump’s ‘Golden Dome’ May Be Ready for Testing Just Before the 2028 Election: Report

As far as I know, spending over a hundred billion dollars to build a giant, missile-guided protective “dome” that will probably never work is not something many Americans have ever asked the government to do. Nevertheless, Trump has made it a point to do just this. In January, Trump initially announced the “Golden Dome,” a project to protect Americans from the “threat of attack by ballistic, hypersonic, and cruise missiles, and other advanced aerial attacks.” The project, which is intended to u

The ‘Epstein files’ implosion bleeds into foreign policy

While the summer doldrums have hit Washington, the MAGA influencers can never truly go on vacation, especially if they’ve spent their careers promising to reveal the truth about Jeffrey Epstein. Although their politicians are now in power, they’re getting stonewalled, and in the absence of juicy “Epstein files” to feed to their audiences, a new maelstrom of discontent is brewing, one that implicates much more than allegations about a pedophile’s sex trafficking ring. The complex rift around Dona

Palantir Is Extending Its Reach Even Further into Government

President Donald Trump’s administration has dramatically expanded its work with Palantir, elevating the company cofounded by Trump ally Peter Thiel as the government’s go-to software developer. Following massive contract terminations for consulting giants and government contractors like Accenture, Booz Allen, and Deloitte, Palantir has emerged ahead. Now the data analytics firm is partnering with those companies—offering them a lifeline while consolidating its own power. Palantir has become one

The SEC Shifts Gears on Crypto

The Securities and Exchange Commission made its biggest pro-crypto move yet this week. On Thursday, SEC Chairman Paul Atkins launched “Project Crypto,” an overarching roadmap of the Commission’s approach to regulating cryptocurrency. The aim of the project, according to Atkins, is to make the United States “the crypto capital of the world” by onshoring crypto asset distributions. Atkins hopes to do so by updating the Commission’s rules and regulations regarding on-chain software systems, encou

Fujifilm is raising camera prices by up to $800

Fujifilm has raised prices on cameras and lenses across its lineup, with price hikes reaching into the hundreds of dollars. Among the hikes is an increase to the price of Fuji’s ultra-popular X100VI from $1,599 to $1,799. The capable X-T5 has gone from $1,699 to $1,899. And the already very expensive GFX100 II has gone from $7,499 to $8,299 — an $800 increase. Increases to lens prices appear to be somewhat more modest, with bumps in the $50 to $150 range. The price hikes come as President Donal

Apple’s Tim Cook Talks Trump Tariffs and AI

On Thursday, Apple CEO Tim Cook said the Silicon Valley company could end up spending nearly $2 billion thanks to President Donald Trump’s tariffs. “For the June quarter, we incurred approximately $800 million of tariff-related costs,” Cook told investors on an earnings call. He added that the company expects those costs to climb to $1.1 billion in the quarter ending in September if Trump’s tariff policies remain unchanged. As Apple watchers know, that’s the same month when the new round of iPh

Vast majority of new US power plants generate solar or wind power

The United States added 22,332 megawatts of power plant capacity in the first half of this year, and the vast majority of it was utility-scale solar, batteries, and onshore wind. Natural gas was next, and there was zero new coal or nuclear, according to the Energy Information Administration. Through 2030, the US energy landscape looks a lot like these last six months in terms of the mix of new power plants, with solar and batteries leading the way, according to the EIA’s list of planned power

Palantir Is Extending Its Reach Even Further Into Government

President Donald Trump’s administration has dramatically expanded its work with Palantir, elevating the company cofounded by Trump ally Peter Thiel as the government’s go-to software developer. Following massive contract terminations for consulting giants and government contractors like Accenture, Booz Allen, and Deloitte, Palantir has emerged ahead. Now the data analytics firm is partnering with those companies—offering them a lifeline while consolidating its own power. Palantir has become one

The Inside Story of Eric Trump’s American Bitcoin

Early into Trump’s second term as US president, the CEO of energy infrastructure company Hut 8 Asher Genoot and Hut 8 chief strategy officer Michael Ho shared thin crust pizza with Eric Trump at the Trump golf club in Jupiter, Florida. They talked for hours, says Genoot, and tabled a business venture that greatly interested Trump: a bitcoin mining alliance. They first met through mutual friends in late 2024: Genoot says he’d shown Eric photos of their “beautiful, liquid cool data center” in Ama

Josh Hawley Says Trump Tariff Rebate Checks Won’t Go to ‘Biden Voters’

Sen. Josh Hawley (R-Missouri) recently introduced legislation that he claims is designed to allow Americans to “benefit” from Trump’s tariff scheme. Now, he’s giving everyone good reason to believe that his ploy to send rebate checks at a time of rising inflation is just a political stunt. The administration’s tariffs are unprecedented in modern economic history and are currently generating revenue for the U.S. government by taxing U.S. businesses on their imports. Critics have noted that the a

The Trump-Crypto Honeymoon Is Over

As with any fledgling romance, Trumpworld and big money cryptocurrency interests were bound to have their first fight at some point. It was late June heading into July, and two highly anticipated bills were in the pipeline to help fulfill President Donald Trump’s promises to make the US the “crypto capital of the planet” and usher in what his supporters believed would be a “golden age” of digital assets. Congress had one shot at passing something before the August recess. Coinbase, the cryptoc