Trump: ‘I want to have Apple Pay’ by end of month
The President-elect is set to announce a $100 billion initiative that would enable consumers to use Apple Pay in stores on January 10.
According to a statement released by the White House, the initiative would allow consumers to make purchases on Apple devices with their Apple ID or Apple Pay, and would help reduce the need for retailers to purchase credit cards.
“I want Apple Pay to be the default option for every American,” Trump said in the statement.
“That’s why I’ve been working with the Apple team to help make it the default.”
In an interview with Business Insider, White House press secretary Stephanie Grisham said that the president-elect would “absolutely” support Apple Pay.
“It’s going to be an important platform for consumers to buy things from retailers,” Grishamp said.
“If you buy a product from an Apple Store, you don’t need to go through a merchant, but you can get the product and get your credit card information, and then you can go online and get a purchase.”
The statement came a day after the president announced that the United States would ban foreign workers from entering the country.
The move was part of a broader immigration ban announced in late October, which has been criticized by Democrats and even some Republican lawmakers.
According a November report from the nonpartisan Congressional Budget Office, the ban could have an economic impact on up to 100,000 manufacturing jobs, which could be lost if a foreign worker is forced to leave the country after just a few months.
“In the long run, a ban on the entry of foreign workers will reduce the amount of goods American consumers can buy from foreign manufacturers and increase prices in American markets,” the CBO concluded.
The new policy would affect an estimated 2.5 million jobs in the US, and will likely have a significant impact on the local economy, Grishamps statement said.