Jessica Tarlov (16:58)
Thank you very much. Thank you so much. The great people of Kentucky, you're going to find it a great place to do business too. It's fantastic. Isn't that nice? We're doing these things now in the United States instead of other countries, faraway countries. This is a significant step toward the ultimate goal of ensuring that iPhones sold in the United States of America also are made in America. With the mass infusion of capital it's announcing today, Apple will also build a 250,000 square foot server manufacturing facility in Houston and invest billions of dollars to construct data centers across the country from North Carolina to Iowa, California to Oregon. That's big stuff. Apple will also open state of the art manufacturing economy. It's going to be a manufacturing academy in Detroit and that's a great place to do. You know, big things are happening in Michigan and Detroit. They're coming in because of what we've done with the. I call it the great big beautiful bill. I added one word great. But we have the probably the biggest, most comprehensive piece of legislation ever passed. It's going to mean unbelievable numbers of jobs and no jobs on. Think of this, whether it's tips or overtime or Social Security, no tax. So no tax on tips, no tax on Social Security, no tax on overtime. And it's just a small bit of it for Apple and others businesses, we're talking about the deductions and all of the things. And actually for people that go out and buy a car, first time it's ever been done, we talk about deductions for companies, but they're going to be able to deduct interest when they borrow money to buy a car. If it's made in America, it has to be made in America. So it is amazing. And one of the reasons I think I can say that Apple's coming here is that legislation we just passed. With this kind of investment, Apple will also open other facilities, rare earth magnets from Texas and build. Oh, I love that you're doing this. I love that, I love that. And build a brand new rare earth recycling line in Mountain Pass, California. I know that area. That's where they have a lot of truly rare earth. That's fantastic. I love that. And Apple will help develop and manufacture semiconductors and semiconductor equipment in Texas, Utah, Arizona and New York. For years, Americans have watched as many of our leading tech giants built their factories overseas and exported American jobs abroad. But under the Trump administration, we're doing everything possible to make this the best place on earth to build a factory or grow businesses. I'm allowing them to build electric producing plants with their factory because otherwise they'd have to hook into the grid. And I think it's one of the biggest things we've done where you can build, Tim, your own electricity. You, you become your own electric manufacturer and that goes along with the plant. So you become a utility. So congratulations, now you're in the utility. I hope, I hope they don't value your company based on utility, but that's okay. You're going to make, you're going to be making your own electricity. And as you probably know, for much of this and much of many of the things that we're doing, especially the AI, they would need actually double the electricity that the country now produces for everything. So it's massive electric and they're going to be able to make their own and they're getting very fast approvals. Lee Zeldin is doing a fantastic job, including with a 100% expensing on the one big beautiful bill. In return, we're asking our businesses to invest in America and they're coming in at levels that we've never seen before. So I don't know when it shows up, but there are a lot of factories and a lot of plants that are either under construction or soon will be starting construction. So can't tell you exactly When? But I want to be around in about a year from now and two years from now because we're going to see an explosion I think like this country has never seen before. Never. Today's announcement is one of the largest commitments in what has become among the greatest investment booms in our nation's history. And we've got the hottest country anywhere in the world. You know, I told you the story that and Tim, I'll tell you, but I went to the Middle east and I was with Qatar, I was with UAE and the king of Saudi Arabia, all great leaders. And then I went to NATO and saw many great leaders. And we just finished that about four weeks ago. Everyone, virtually everyone, said in effect that we were a dead country. One year ago, America, this was a dead country. We were dying. We were dead. And now you've got the hottest country anywhere in the world. This would have never happened except for certain people. Thank you very much. I appreciate it. Nvidia is investing $500 billion to go along with Apple. 600 billion. 600 billion. Micron, great company, is investing 200 billion. IBM is investing more than 150 billion. SoftBank is investing substantially more than 100 billion. TSMC is investing 200 billion. Johnson & Johnson, 55 billion. Merck Stellantis and General Motors are putting many, many billions in. They haven't determined the final number. And many other countries are investing tens of billions of dollars. And I'm not going to give you the whole list because the list is too long to read, but it's hundreds of billions and even trillions. I mean, it's trillions of dollars that's being invested right now. Last week it was announced that our economy grew at 3% in the second quarter. And consumer confidence is surging. Blue collar wages are rising rapidly. Costs are way down. You know, I listen to these horrendous frauds on CNN and various other fake news networks and they say costs are up. No, no. Costs are down. Gasoline is down. It's going to soon, I believe be less than $2 a gallon. It's around 240 right now. Many places other than a California where they tax you out of business, but. And a couple of others. But gasoline is way down. The price of groceries are down. How about eggs? When I first came here my first week, the press hit me very hard on eggs. Eggs had quadrupled or something. I said I didn't know about it. Give me a chance. I've just been here for four days. Well, eggs are down. Everything's down. Price is down. The only thing that's up is stock prices. That's really up and that's through the roof. The stock market has been hitting all time records, all time highs. Last week it was announced that our economy grew at levels that we haven't seen in a long time. But the real levels of growth are going to be judged in a year from now when you start seeing some of these incredible plants because we have car plants opening. They're coming in from Canada, from Mexico and from all over the world. And they're coming in because they like the way the election worked out, but they also like the fact that they don't want to pay tariffs. And the tariffs I think we'll be take. Well, we're taking in hundreds of billions of dollars in tariffs. I won't be so specific other than to say, because we don't even know what the final number is. We just made a deal, as you know, with the EU where they're paying hundreds of billions of dollars, Japan paying hundreds of billions of dollars and numerous other countries paying hundreds of billions of dollars. And we're not even completed there. And as you know, they found 25 billion three weeks ago. They said we have a surplus of $25 billion. And they said, where did this come from? They said, check the tariffs. And they checked. They said, you're right, that's where it came from. And we've really just started. This is just in its infancy. So we have a great country. We have a country that is going to be very rich. It's a country that we're very proud of, but it's going to be very rich. And it's companies like Apple, they, they're coming home. They're all coming home. And we want them to come home. They have to come home. We're going to treat them really well. We're going to be putting a very large tariff on chips and semiconductors. But the good news for companies like Apple is if you're building in the United States or have committed to build, without question committed to build in the United States, there will be no charge. In other words, we're not going to be charging. So a lot of countries, a lot of companies are leaving various other places and they're coming to the United States. So in other words, we'll be putting a tariff on, of approximately 100% on chips and semiconductors. But if you're building in the United States of America, there's no charge even though you're building and you're not producing yet. In terms of the Big numbers of jobs and all of the things that you're building, if you're building, there will be no charge. So I just want everyone to know that. And I didn't even tell you that inside. We discussed the concept, but I didn't. So it's a big factor. So 100% tariff on all chips and semiconductors coming into the United States. But if you've made a commitment to build, or if you're in the process of building, as many are, there is no tariff. Okay? If for some reason you say you're building and you don't build, then we go back and get. We add it up, it accumulates, and we charge you at a later date, you have to pay, and that's a guarantee. So that's a big statement. And I think the chip companies are all coming back home. They're all coming back. You know, we started with intel, and gradually intel was just taking over the. Over the coals. They were taken to the cleaners, frankly, and moved to other places, in particular Taiwan. But I think a lot of those, A lot of those companies are coming back and they're coming back very rapidly. So that's a big statement. 100% tariff. I want to thank you very much. Tim, would you like to say a few words about your company, please? Okay. Good afternoon.