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Trump Says Japanese Company Will Invest $50 Billion, Create 50,000 Jobs In US

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Published on 08/26/22 / In News Channel

On Tuesday, Donald Trump announced that SoftBank Corp., a telecommunications enterprise based in Japan, has agreed to invest $50 billion in the U.S.<br /><br /> <br />On Tuesday, Donald Trump announced</a> that SoftBank Corp., a telecommunications enterprise based in Japan, has agreed to invest $50 billion in the U.S.<br>The move could create as many as 50,000 jobs, according to Trump. <br>The president-elect shared the news at Trump Tower as he stood next to the company’s CEO, Masayoshi Son. <br>Trump said</a> of Son, whom he calls Masa, “He's one of the great men of industry, so I just want to thank you very much."<br>Trump also shared the news via Twitter</a> along with the declaration, “Masa said he would never do this had we (Trump) not won the election!” <br>It's unclear in what sectors and over what timeframe this investment will be made.<br>According to CNBC</a>, "Son told reporters...that he arranged the meeting with Trump and likes him 'very much.'"

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