US President Donald Trump thanked Apple chief Tim Cook on Friday after the tech giant unveiled plans for a $1 billion campus in Texas that is expected to create thousands of jobs outside its Silicon Valley base.
“Thank you to @tim_cook for agreeing to expand operations in the U.S. and thereby creating thousands of jobs!” Trump posted on Twitter.
The new campus will be near Apple’s existing facility in Austin – which employs 6,200 workers – and will initially add 5,000 employees, with room to grow to 15,000.
In January the California-based company said it would invest $30 billion (roughly Rs. 2.15 lakh crores) in the US over five years and create 20,000 new jobs, using some of the overseas profits repatriated at a rate lowered under the Trump administration’s controversial tax cut last year.
The president has been putting immense pressure on manufacturers to move jobs to the US, with the White House imposing heavy tariffs to counter what he calls unfair trade practices.
Trump’s warm praise for Apple stands in stark contrast to his response to General Motors after its decision last month to cut 15 percent of its workforce and close Canadian and US plants.
“I think it was nasty,” Trump told Fox News on Thursday, arguing that the recent revamp to the North American free trade pact meant GM would have difficulty shifting production to Mexico.
“It really makes it very uncomfortable for people to go out of the country and it will be very uncomfortable for them,” he said.