Trump claimed that Apple’s $350 billion investment is because of the new tax law. But the connection is not that clear.

President Cardin did not do much technical discussion on his first Congressional address on Tuesday night, but he needed time to emphasize Apple, and earlier this month it had $ 35 billion I will invest. Trump proposes it to be an important example

Apple announced that it will utilize the corporate tax reduction based on the new tax law to invest $ 350 billion over the next five years to create as many as 20,000 new jobs. The company also announced that it will establish a second corporate park in the United States and create at least 2,000 jobs. As a famous brand with faithful followers, Apple continues to meet the expectations of opponents. At the moment, the company seems to be the most valued company in the world, and it is unlikely that it will be replaced soon, especially since it may be the first trillion dollar enterprise in particular. (See also Apple Ecosystem.)

The announcement of the company is a bit dubious as it may join the rank for public relations. An obvious example is Apple, which announced $ 350 billion in US investment in five years. Our current annual investment amounted to $ 275 billion in five years, so our new investment has decreased to $ 75 billion. In addition, with the new tax law, Apple returned $ 225.2 billion from abroad to take advantage of a 15% exemption rate. This means that $ 38 billion out of $ 350 will be used for new investment of $ 37 billion in 5 years. Without such big changes, there may be some expansion