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| Economy |
| Trump scores $100 BILLION investment from SoftBank CEO including thousands of AI jobs |
| 2024-12-17 |
| [Daily Mail, where America gets its news] President-elect Donald Trump touted a $100 billion investment from Japanese-based SoftBank Group alongside CEO Masayoshi Son at Mar-a-Lago on Monday. Trump made the announcement next to his Treasury Secretary pick Howard Lutnick in front of the press at Mar-a-Lago in his first media event as president-elect. The tech CEO announced the creation of 100,000 U.S. jobs in artificial intelligence and related infrastructure that will boost the economy heading into Trump's second term. 'Today I'm thrilled to announce that SoftBank will be investing $100 billion in America, creating 100,000 American jobs at a minimum,' said the president-elect. 'And he's doing this because he feels very optimistic about our country since the election, and many of these people [are] also coming in with tremendous amounts of money.' Trump then pressured Son during the Mar-a-Lago media frenzy, asking him to commit to doubling his commitment to $200 billion, which he signaled he was open to doing. 'I'm going to ask him right now, would you make it $200 billion?' asked Trump. Son replied with laughter, saying Trump is clearly an excellent negotiator. 'With your leadership, my partnership with you, with your support, I will try to make it up to $200 billion,' he pledged. The investment is expected to happen before the end of Trump's four-year term. The announcement comes on the heels of Trump promising to cut regulatory red tape for companies and individuals who pledge to invest at least $1 billion in the American economy. 'Any person or company investing ONE BILLION DOLLARS, OR MORE, in the United States of America, will receive fully expedited approvals and permits, including, but in no way limited to, all Environmental approvals,' Trump posted to Truth Social on Tuesday. 'GET READY TO ROCK!!!' he added. Trump largely won reelection last month due to his hardline positions on illegal immigration and pledges to bolster the economy, with post-COVID inflation still problematic for the American consumer. Related: Howard Lutnick 11/20/2024 US House Speaker Johnson Praises Trump's Cabinet Picks as 'Disruptors' to Shake Up Washington Howard Lutnick 11/07/2024 Trump backers, former officials being considered for top posts in 2nd administration Howard Lutnick 11/07/2024 MAGA stars gloat they can 'finally' admit Project 2025 will be Trump's agenda |
| Posted by:Skidmark |
| #1 Said more in 70 min Mar a Lago presser than Biden has said in 4 years. |
| Posted by: Besoeker 2024-12-17 08:01 |