Apple to continue making Mac Pro in U.S., aided by tariff exclusion for parts

Apple Inc. said Monday that it will continue to make its new Mac Pro computer in Austin, Texas, reversing earlier reported plans to move production overseas, after from tariffs for certain "necessary" components. The Mac Pro has been made in Austin since 2013, but T that Apple was shifting production to China. "We thank the [Trump] administration for their support enabling this opportunity," said Apple Chief Executive Tim Cook. Apple said the value of the American-made components in the new Mac Pro is 2.5 times greater than the previous generation. Apple‘s stock was up 0.5% in midday trading. It has rallied 39% year to date, while the Dow Jones Industrial Average has gained 16%.

Leave a Reply

Your email address will not be published. Required fields are marked *

*