numberwang on 17 January 2018
Apple announces plans to repatriate billions in overseas cash, says it will contribute $350 billion to the US economy over the next 5 years
It said it expects to pay about $38 billion in taxes for the horde of cash it plans to bring back to the United States. This implies it will repatriate virtually all of its $250 billion in overseas cash.
https://www.apple.com/newsroom/2018/01/apple-accelerates-us-investment-and-job-creation/
https://www.cnbc.com/2018/01/17/apple-announces-350-billion-investment-20k-jobs-over-5-years.html
In 2016, then president-elect Donald Trump publicly called out Apple's reliance on its Chinese supply chain, telling The New York Times that he would "get Apple to build a big plant in the United States, or many big plants in the United States."
