This Is Huge: Trump Has Brought in $7 Trillion in Investment Into the US

AP Photo/Jose Luis Magana

No, we're not tired of winning yet. 

On Wednesday, the White House released data showing that, since January (what was it that happened in January?) $7 trillion in private investment has been committed to come to the United States. That's $7 trillion - A "T" followed by a "rillion." That's real money.

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President Donald Trump said he has attracted over $7 trillion in private investment since being elected, from companies like Apple, Eli Lilly, and Stargate, as well as countries such as Saudi Arabia, the United Arab Emirates and Japan.

Trump spoke to reporters on Wednesday after he signed a round of executive orders, when he was asked about procuring a record amount of private sector investments totaling $7 trillion.

"We have, I would say, more than $7 trillion now…of investments coming in," Trump said. "Apple is coming in for $500 billion alone. We have other companies coming in with massive numbers. We have car companies that are coming in. No, we’ve never seen anything like it, maybe in the 1940s or 50s or something, but we’ve never seen anything like it."

This isn't just the president talking. The White House released the data.

A senior White House official provided Fox News with a breakdown of the investments, noting that many of the entities have committed "even more" than what was provided.

For instance, Stargate, a project by Softbank, OpenAI and Oracle that involves the establishment of data centers for the further development of artificial intelligence, has committed $500 billion.

Apple also committed $500 billion, according to the data from the White House official.

Computing and electronics giant Taiwan Semiconductor Manufacturing Co. (TSMC) has committed to a $100 billion investment in the U.S., and NVIDIA is in for $200 billion.

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There's a lot more.


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Note that a lot of the companies involved are from other countries, or do much of their production in other countries. Now, of course, all of this is contingent on the companies following through - actually breaking ground and building new facilities, for instance. But if half of them follow through, that's still $3.5 trillion. That's $3.5 trillion invested in on-shore production that will create jobs, generate tax revenue, revive struggling communities, and maybe, just maybe, start the resurrection of America's dwindling middle class.

I've been saying and writing for years that America must once more become a nation that builds things. And for all of those years, American companies have been moving production to Canada, to Mexico, to Vietnam, to Indonesia - and China. Now it sure looks a lot like some of that is coming back, and this is high-tech work, which we can presume will require skilled, well-paid workers. Could we be starting to see a reversal of that process? Are we finally, once more, becoming a nation that builds things?

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It sure looks like it. President Trump and his administration have, since the word go, been making deals, and now, with the president not yet in office for 100 days, we are starting to see some results. There have been some ups and downs, but it sure looks like it's working.

Do you want to rebuild our industrial base? Because this is how you rebuild our industrial base.

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