…I thought you might want to see this partial list, compiled by Nick Mordowanec in his article for Newsweek Magazine (which, I assure you, is far from a pro-Trump entity).
- Johnson & Johnson: On Friday, Johnson & Johnson announced manufacturing, research and development, and technology investments of more than $55 billion in the U.S. over the next four years. They say it represents a 25 percent increase in investment compared to the previous four years under President Joe Biden, crediting an increase in investment levels to the 2017 Tax Cuts & Jobs Act. Also on Friday, the company broke ground on a 500,000-square-foot biologics manufacturing facility in Wilson, North Carolina.
- SoftBank: On Monday, SoftBank CEO Masayoshi Son visited Trump at Mar-a-Lago and announced a $100 billion investment over the next four years with a promise to create 100,000 jobs focused on artificial intelligence and related infrastructure, according to CNBC.
- United Arab Emirates: After a meeting with Trump, the United Arab Emirates committed to a 10-year, $1.4 trillion agreement with the U.S. that will sustain existing investments in AI infrastructure, semiconductors, energy, and American manufacturing, according to Reuters.
- Taiwan Semiconductor Manufacturing Company: Semiconductor giant TSMC announced earlier this month in response to Trump’s tariffs threat on foreign chips that it would invest another $100 billion into its U.S. operations. The anticipated new chip fabrication plants, two advanced packaging facilities, and a new research and design center will increase the company’s total investment in Phoenix to $165 billion—the largest foreign direct investment in U.S. history.
- In January, Trump announced a $500 billion private investment in AI infrastructure led by OpenAI, Oracle and SoftBank.
- Apple: Tech giant Apple announced a $500 billion investment.
- Nvidia: On Thursday, the White House announced that chipmaker Nvidia would invest hundreds of billions of dollars over the next four years in U.S.-based manufacturing operations.
Impressed? You should be.
And if that isn’t enough, let’s add in the fact that Volkswagen has just announced its intention to move production sites for its Audi and Porsche divisions to the USA, also based on the fact that tariffs will make this the logical move.
Now: consider the companies listed above, the amount of money involved and the amount of jobs they will generate.
Then tell me who you are going to believe regarding the the effect of Trump’s tariffs? His enemies among politicians and media, or what the above information tells you – screams to you – about what is really happening.
Not a toughie, is it?
