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With over a month until his inauguration, President-elect Donald Trump is already fulfilling his campaign promises to the American people.
During a Monday morning press briefing at Mar-a-Lago, Trump announced the first company to take him up on his offer of an accelerated approval process for investing one billion dollars in the United States.
Japanese information technology company SoftBank pledged $100 billion in new American investments between now and 2029, which will create 100,000 new American jobs.
Trump and the company’s CEO Masayoshi Son discussed the company’s focus on artificial intelligence (AI) and its related infrastructure.
Trump referred to Son as “one of the most successful investors in the world” and noted that Son “feels very optimistic about our country since the election.”
Trump referred to the investment as “a monumental demonstration of confidence in America’s future, and it will help ensure that artificial intelligence, emerging technologies, and other industries of tomorrow are built, created, and grown right here in the USA.”
Trump invited Son to speak to the press and he reiterated the president-elect’s remarks about his optimism for the future of America.
“I would really like to celebrate the great victory of President Trump. And my confidence level to the economy of the United States has tremendously increased with his victory. So because of that, I’m now excited to commit this $100 billion and 100,000 jobs into the United States,” Son stated.
He told the press, “Of course business is important, technology is important, but one more thing I’m really hoping is that President Trump will make the world, bring the world, into peace again. That’s my additional hope and I think that he will actually make it happen.”
Trump half-jokingly asked Son to double his investment to $200 billion, to which he laughed and said he would try to make that happen. Trump promised his support and support from America as a whole.
Back in 2016, Son pledged $50 billion in American investments during Trump’s first term and followed through on that promise.
Just six days ago, Trump announced in a Truth Social post, “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. GET READY TO ROCK!!!”
Trump transition spokeswoman Karoline Leavitt appeared on Fox News ahead of the briefing. Referring to the news as “the Trump effect,” she told the outlet, “This is President Trump delivering on the promise he made to the American people on the campaign trail, that he was going to make the United States of America the manufacturing superpower of the world.”
She reiterated his plans to “draw in” foreign investors by promising them a low tax rate, low energy costs and fewer regulatory burdens than anywhere else in the world.
