Apple CEO on US-made iPhones: I don’t like to employ all these people foreign, but…

Apple CEO Tim Cook told Commerce Secretary Howard Lutnick that advanced robotics are essential for bringing iPhone manufacturing to the U.S. Amid tariff concerns, Apple secured a temporary exemption, aiding stock recovery. While diversifying production to India, challenges persist with Chinese export approvals, framing this shift as part of an AI-driven industrial revolution with high-paying technician jobs.