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According to Karoline Leavitt,Trump Has Already Procured $5 TRILLION in Foreign Investment
Posted on 4/8/25 at 1:26 pm
Posted on 4/8/25 at 1:26 pm
....and she estimated that it would create 350,000 new American jobs. I would LOVE to hear the TDS crowd put a negative spin on that. Any takers, or do we all agree that this is impressive?
Does the TDS crowd at least acknowledge this accomplishment?
Does the TDS crowd at least acknowledge this accomplishment?
Posted on 4/8/25 at 1:28 pm to KCT
Actual investment or promises of investment?
Posted on 4/8/25 at 1:30 pm to SlowFlowPro
quote:
Actual investment or promises of investment?
And over what period of time?
Posted on 4/8/25 at 1:31 pm to SlowFlowPro
quote:
Actual investment or promises of investment?
So, you announce a new steel plant one day and it's built in a week? Pretty sure it doesn't work like that, bro.
Posted on 4/8/25 at 1:31 pm to SlowFlowPro
You suck and so you will get downvoted but this is a legit question.
We have to remember that other countries have shitty politicians as well.
We have to remember that other countries have shitty politicians as well.
Posted on 4/8/25 at 1:31 pm to KCT
I'm happy he's doing this. All presidents should do it.
But where are the guarantees? Foxconn in Wisconsin didn't turn out like it was supposed to.
But where are the guarantees? Foxconn in Wisconsin didn't turn out like it was supposed to.
Posted on 4/8/25 at 1:32 pm to KCT
And just that quick you got Two nimrods to chime in
Posted on 4/8/25 at 1:32 pm to KCT
quote:
So, you announce a new steel plant one day and it's built in a week?
Or you announce a new Foxconn factory and it's 1/10 what was promised, when completed.
This post was edited on 4/8/25 at 1:33 pm
Posted on 4/8/25 at 1:34 pm to KCT
None of this matters until the shovels hit the ground. Most of these require massive infrastructure upgrades that take years.
Posted on 4/8/25 at 1:34 pm to KCT
So 350,000 jobs will bump this chart up 350 points:
Posted on 4/8/25 at 1:35 pm to SlowFlowPro
Words on paper are words on paper.
Posted on 4/8/25 at 1:36 pm to KCT
I am happy with this but I want more details. Like when, where and how long will it take to get these jobs opened up. Promises are nice but they aren’t actions. If this all is scheduled 5 years from now it means frick all because the next administration could just cut it
This post was edited on 4/8/25 at 1:37 pm
Posted on 4/8/25 at 1:39 pm to KCT
quote:
Does the TDS crowd at least acknowledge this accomplishment?
Well, I got my answer.
Trump could announce a cure for cancer, and the TDS crowd would respond with, "This is going to wreck the medical profession!"
Posted on 4/8/25 at 1:39 pm to KCT
quote:
So, you announce a new steel plant one day and it's built in a week? Pretty sure it doesn't work like that, bro.
The current administration seems to think that car parts manufacturing plants can be built in a week, so why not?
Posted on 4/8/25 at 1:40 pm to ronricks
quote:
None of this matters until the shovels hit the ground.
It does matter, numb nuts. It creates confidence in the US markets to lure in more.
Posted on 4/8/25 at 1:41 pm to SaturatedPhat
quote:
It does matter, numb nuts. It creates confidence in the US markets to lure in more.
Shhhh, he's a tard
Posted on 4/8/25 at 1:43 pm to Henry Jones Jr
quote:
I am happy with this but I want more details. Like when, where and how long will it take to get these jobs opened up. Promises are nice but they aren’t actions. If this all is scheduled 5 years from now it means frick all because the next administration could just cut it
I asked Grok to help us out:
quote:
Since Donald Trump's second inauguration on January 20, 2025, several significant foreign investment announcements have been made for the United States. Below is a summary of the reported investments, including the dates and amounts, based on available information up to the current date, April 8, 2025. Note that these figures are derived from various sources, including official statements and posts on X, and should be treated as reported claims rather than fully verified facts unless corroborated by official documentation.
1. **Taiwan Semiconductor Manufacturing Company (TSMC)**
- **Date Announced**: March 3, 2025
- **Amount**: $100 billion
- **Details**: TSMC, a major Taiwanese semiconductor company, announced a $100 billion investment in Arizona-based semiconductor manufacturing facilities. This was highlighted in a White House event with President Trump and TSMC CEO C.C. Wei, with the investment aimed at creating thousands of high-paying jobs and boosting U.S. dominance in advanced chip production, particularly for AI and smartphones.
2. **Saudi Arabia**
- **Date Announced**: Reported as early as February 24, 2025 (exact date unclear from sources)
- **Amount**: $600 billion
- **Details**: Saudi Arabia pledged $600 billion in investments in the U.S., noted in multiple posts on X and referenced in broader economic discussions under Trump’s administration. The specific timeline and sectors for this investment were not detailed in the available data, but it aligns with Trump’s efforts to attract large-scale foreign capital.
3. **United Arab Emirates (UAE)**
- **Date Announced**: Reported by March 24, 2025 (exact date unclear)
- **Amount**: $1.4 trillion
- **Details**: The UAE reportedly committed $1.4 trillion to the U.S., as mentioned in posts on X by figures like Charlie Kirk and Libs of TikTok. This massive figure suggests a broad investment pledge, possibly spanning multiple years, though specifics on timing and allocation remain vague in the sources.
4. **Hyundai**
- **Date Announced**: Reported by March 24, 2025 (exact date unclear)
- **Amount**: $20 billion
- **Details**: Hyundai, a South Korean automaker, announced a $20 billion investment, cited in X posts as part of the “Trump Effect” on investment pledges. The sector is likely automotive, but further details on the announcement date and implementation were not specified.
5. **Hussain Sajwani**
- **Date Announced**: Reported as early as February 24, 2025
- **Amount**: $20 billion
- **Details**: Hussain Sajwani, a prominent Emirati businessman, pledged $20 billion, noted in X posts alongside other investments. The nature of this investment (e.g., real estate, infrastructure) was not clarified in the available data.
6. **Nippon Steel**
- **Date Announced**: Reported as early as February 24, 2025
- **Amount**: $14.1 billion or $14.4 billion (figures vary slightly across sources)
- **Details**: Japan’s Nippon Steel made a bid, often cited as part of a potential acquisition or investment in U.S. steel infrastructure, with figures ranging between $14.1 billion and $14.4 billion in X posts. This aligns with Trump’s focus on revitalizing American industry.
7. **SoftBank, OpenAI, and Oracle**
- **Date Announced**: March 21, 2025
- **Amount**: $100 billion (combined)
- **Details**: A $500 billion private investment in AI infrastructure was announced, led by SoftBank (Japan), OpenAI, and Oracle, though posts on X sometimes list this as $100 billion specifically tied to these entities. The White House framed this as a Trump-driven initiative, with the investment spread over multiple years, though the foreign component’s exact share is unclear.
### Total Reported Foreign Investment
- **Cumulative Amount**: Adding these figures yields approximately **$2.254 trillion to $2.257 trillion** in reported foreign investment pledges since Trump’s inauguration. This includes:
- TSMC: $100 billion
- Saudi Arabia: $600 billion
- UAE: $1.4 trillion
- Hyundai: $20 billion
- Hussain Sajwani: $20 billion
- Nippon Steel: $14.1–14.4 billion
- SoftBank portion (estimated within $100 billion combined with OpenAI/Oracle): variable, but conservatively included as part of the total.
### Notes and Caveats
- **Domestic vs. Foreign**: Some investments, like those from Apple ($500 billion) and Nvidia ($100 billion+), are domestic and thus excluded from this foreign tally, though they are often cited alongside foreign figures in broader narratives.
- **Verification**: These amounts are largely drawn from X posts and White House statements, which may reflect pledges rather than finalized investments. Official documentation or follow-through details are limited as of April 8, 2025.
- **Timing**: Announcements span from February 24, 2025, to March 24, 2025, with some exact dates inferred from posting activity rather than precise records.
In summary, since Trump’s January 20, 2025, inauguration, reported foreign investment announcements total over $2.25 trillion, with key dates ranging from late February to late March 2025. These figures reflect a mix of specific sectoral investments (e.g., semiconductors, AI) and broader economic pledges, though their full realization remains subject to future confirmation.
Posted on 4/8/25 at 1:44 pm to The1TrueTiger
quote:
The current administration seems to think that car parts manufacturing plants can be built in a week, so why not?
Link?
Posted on 4/8/25 at 1:46 pm to KCT
quote:
According to Karoline Leavitt,Trump Has Already Procured $5 TRILLION in Foreign Investment
....and she estimated that it would create 350,000 new American jobs.
Posted on 4/8/25 at 1:46 pm to SlowFlowPro
quote:
Or you announce a new Foxconn factory and it's 1/10 what was promised, when completed.
From CNBC June 25, 2024:
quote:
$3 billion in subsidies, broken Foxconn promises
It is not the first time that an announcement from Washington has inspired dreams of turning America’s Dairyland into a tech mecca.
In 2017, then-President Trump and Wisconsin’s governor at the time, Scott Walker, announced that Taiwanese electronics manufacturer Foxconn had chosen Wisconsin for a huge manufacturing and technology complex, designing and building giant video displays.
The company promised to spend $10 billion and hire 13,000 new employees for a new campus in Mount Pleasant, about 30 miles south of Milwaukee. At a groundbreaking the following year, Trump said the new facility would be “the eighth wonder of the world.”
Wisconsin pledged more than $3 billion in state and local subsidies — by far the biggest such deal in the state’s history — and Walker proclaimed that the region would henceforth be known as “Wisconn Valley.” But it soon became clear that most of that was hype.
Within months, Foxconn began scaling back its plans, citing labor costs. As the company missed hiring target after hiring target, Walker, a Republican, lost his reelection bid in 2018 to Democrat Tony Evers. Evers’ administration renegotiated the Foxconn incentive package, but not before the state and local governments spent hundreds of millions of dollars on infrastructure improvements and land acquisition, displacing more than 100 homes in the process.
Today, the company has created just 768 jobs in Wisconsin, according to the Wisconsin Economic Development Corporation. It is a far cry from the 13,000 high-paying tech jobs it promised. Instead of spending $10 billion in Wisconsin, Foxconn said it had spent about $1 billion as of the beginning of last year. The company built three buildings on the site, but they have seen limited use. So, the company is offering 44,000 square feet in one of the buildings for rent as industrial or office space. Another building, which includes a dramatic glass sphere that was supposed to be a data center, has been marketed as an event space.
“People are still really, really angry,” said Mount Pleasant resident Kelly Gallaher. She became a community activist as the Foxconn saga unfolded, and now chairs the Racine County Democratic Party. “Everybody felt like they were lied to, and that is such a hard thing to come back from,” she said.
CNBC
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