Apple just announced plans to move the manufacturing of all of the cover glass for iPhone and Apple Watch to the U.S, among other things.

Apple is already spending more because of Trump’s tariffs. Last week, Cook said during an earnings call that the company has incurred roughly $800 million in tariff-related costs. Apple expects $1.1 billion in tariff-related costs in the fiscal fourth quarter ending in September.

Apple said Wednesday it plans to invest another $100 billion during the next four years to increase manufacturing in the US. The company's wide-ranging announcement -- which was leaked early by the White House -- said it will now spend $600 billion to hire more US workers and expand some of its manufacturing across 10 states.