Trump celebrates over $8 trillion in new investments at 100-day White House event

In a special White House event marking his first 100 days back in office, President Donald Trump celebrated significant investments by top global companies in the U.S. economy.

Over $8 trillion has been pledged since the election, which Trump described as one of the most substantial private-sector responses in U.S. history, Caliber.Az reports, citing American media.

He lauded companies for creating jobs, expanding manufacturing, and contributing to the U.S. economy, while emphasising policies like lower taxes, tariffs, energy growth, and AI innovation.

Key investments announced include:

• Hyundai: $21 billion investment, including $5.8 billion for a new steel plant in Louisiana, expected to create 1,500 jobs.

• CMA CGM: $20 billion to improve U.S. ports, shipping, and logistics, with plans for a new air cargo hub in Chicago, creating 10,000 jobs.

• Toyota: $88 million to expand hybrid vehicle production in West Virginia.

• Anduril: $1 billion investment in a drone and defence tech facility in Ohio, focusing on autonomous weapons and creating thousands of jobs.

• Amazon: $4 billion in logistics and cloud infrastructure across the U.S.

• Venture Global: $18 billion for LNG expansion in Louisiana to bolster U.S. energy independence.

• Siemens USA: $285 million to enhance advanced manufacturing and create 1,000 skilled jobs.

• Pratt Industries: $5 billion to expand recycling and packaging facilities, creating thousands of jobs.

• Chobani: $1.7 billion investment, including $1.2 billion for a new dairy plant in New York.

• Bel Brands USA: $350 million for cheese and snack production expansion, using American milk.

• Schneider Electric: $700 million to invest in U.S. energy infrastructure.

• Johnson & Johnson: $55 billion in new manufacturing and technology upgrades.

• Eli Lilly: $27 billion in domestic pharmaceutical production and facility expansion.

• Novartis: $23 billion in building or expanding 10 U.S. drug manufacturing facilities.

• Genentech: $50 billion commitment to biotech manufacturing and research.

• AbbVie: $10 billion for four new pharmaceutical plants.

• Thermo Fisher Scientific: $2 billion to expand medical supply and diagnostics manufacturing.

• Merck: $9 billion to increase vaccine and drug production.

• Abbott Laboratories: $500 million to improve diagnostics and medical device facilities.

• IBM: $150 billion investment in U.S. research, chip development, and AI.

• GE Aerospace: $1 billion for jet engine production across 16 states.

• SoftBank: $700 billion investment in AI infrastructure with Oracle and OpenAI.

• Apple: $500 billion to build factories and expand operations across several U.S. states.

Trump credited his administration’s policies, such as tariffs, a new 15% tax rate for U.S. manufacturers, and deregulation, for fostering an environment conducive to such investments.

He closed the event by emphasising that these investments mark the beginning of rebuilding America. "We are rebuilding America from the ground up," he stated, jokingly inviting the CEOs to the Oval Office or to “count your money.”

By Tamilla Hasanova