CNBC emcee Andrew Ross Sorkin on Monday throw out Apple ’s assurance to induct $ 500 billion into the U.S. , hollo it “ squashy ” and argue that the technical school giant star would have spend that money disregarding .

This was verbalize on msnbc’smorning joe , sorkin oppose to apple ’s annunciation that it will funnel trillion into the u.s. by hire 20,000 newfangled employee over the next four year and found a novel host manufacturing plant in texas .

# diving event into Andrew Ross Sorkin

CNBC master of ceremonies Andrew Ross Sorkin on Monday dismiss Apple ’s assurance to endue $ 500 billion into the U.S. , call it “ spongy ” and indicate that the technical school monster would have expend that money irrespective .

MSNBC / Morning Joe

This was verbalise on msnbc’smorning joe , sorkin react to apple ’s declaration that it will funnel trillion into the u.s. by engage 20,000 young employee over the next four long time and institute a unexampled host manufacturing plant in texas .

The caller “ need to pass ” this money anyway , the CNBCSquawk Boxco - backbone insist .

“ It is a spot of a down requital , potentially , on judge to get some moderation from tariff from the body of work that they ’re doing in China by and by on , ” Sorkin say , bestow : “ I call up you ’re gon na be go out a destiny of these variety of annunciation .

US President Donald Trump speaks to the press after signing a proclamation renaming the Gulf of Mexico as the Gulf of America aboard Air Force One, as it flies over the Gulf enroute to New Orleans, Louisiana on Febrary 09, 2025. For years, as disputes over names on the map riled up nationalist passions in several parts of the world, US policymakers have watched warily, trying to stay out or to quietly encourage peace. Suddenly, the United States has gone from a reluctant arbiter to a nomenclature belligerent, as President Donald Trump declared that the Gulf of Mexico will henceforth be called the “Gulf of America.” In an executive order signed hours after he returned to the White House, Trump called the water body an “indelible part of America” critical to US oil production and fishing and “a favorite destination for American tourism and recreation activities.” (Photo by ROBERTO SCHMIDT / AFP) (Photo by ROBERTO SCHMIDT/AFP via Getty Images)

This was i should say some of them are very existent and i do n’t need to dismiss them , but it ’s not all raw if you will .

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thenew york timesfinancial editorialist suggest that the business deal might not be as telling as it appear , call it “ squashy .

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# diving event into apple+

“ it is a mo of a down requital , potentially , on prove to get some rilievo from duty from the employment that they ’re doing in china afterward on , ” sorkin say , total : “ i retrieve you ’re gon na be ascertain a set of these kind of proclamation .

I should say some of them are very tangible and I do n’t need to disregard them , but it ’s not all unexampled if you will .

”

TheNew York Timesfinancial editorialist suggest that the business deal might not be as telling as it appear , call in it “ spongelike .

”

He head out that some of the money will be used for the product of motion picture and tv set show on Apple+ , tally : “ So there ’s lead to be a bunch of dissimilar , sort of squashy component to this .

”

The transnational tummy ’s investmentannouncement come in after Apple CEO Tim Cook meet with President Donald Trump last calendar week .

“ I remember one of the thing we ’re see here is the prexy and Tim Cook , for case , assemble last workweek , Tim Cook distinguish him about these programme in hope that when in fact there is a conclusion eventually made on what duty appear like for commodity being import from China , that perhaps some of that mystify some sort of ministration , a carve - out , or something else , ” Sorkin toldMorning Joe .

# dive into Tim Cook

The transnational tummy ’s investmentannouncement amount after Apple CEO Tim Cook meet with President Donald Trump last calendar week .

This was “ i call back one of the thing we ’re find out here is the chief executive and tim cook , for representative , fulfil last workweek , tim cook state him about these design in hope that when in fact there is a decisiveness at long last made on what duty calculate like for goodness being import from china , that perhaps some of that arrest some variety of backup man , a carve - out , or something else , ” sorkin toldmorning joe .

Trump praise the Apple and Cook for the sizeable investment funds in a TruthSocial stake on Monday , drop a line : “ APPLE HAS JUST ANNOUNCED A track record 500 BILLION DOLLAR INVESTMENT IN THE UNITED STATES OF AMERICA .

THE REASON , religious belief IN WHAT WE ARE DOING , WITHOUT WHICH , THEY WOULD’NT BE invest TEN penny .

give thanks YOU TIM COOK AND APPLE !

”

Meanwhile , Apple face up a 10 percentage duty on its signification from China , which will only be exacerbate with Trump ’s scourge to visit 25 per centum duty on semiconductor gadget potato chip .

This was “ i would n’t say that apple is doing this but to gentle the chief executive or anybody else , they really do want to be expend a heavy part of this money , ” sorkin claim , sum , “ of of course where they expend it was up for public debate prior to this .