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Global CEOs back Trump’s $2T business drive with major US factory plans

Global CEOs back Trump’s $2T business drive with major US factory plans

President Donald Trump on Wednesday hosted top global business executives at the White House for the “Investing in America” event, where he revealed over $2 trillion in new investment commitments aimed at strengthening U.S. manufacturing, infrastructure, and artificial intelligence leadership. Speaking in front of industry leaders from companies including Nvidia, SoftBank, GE Aerospace, Oracle, and OpenAI, Trump framed the gathering as a milestone in what he described as the most successful first 100 days of any U.S. administration.

Trump told the room that America is entering a new era of innovation and economic dominance, crediting his policies and trade reforms for a wave of reinvestment into U.S. industry. He noted that recent commitments from global firms surpassed $2 trillion, declaring that total investments under his current term are expected to exceed $8 trillion. In contrast, Trump claimed the Biden administration secured under $1 trillion in business commitments over its entire four-year term, suggesting his policies and the outcome of the 2024 election had fundamentally altered investor confidence.

The president emphasized a return to domestic manufacturing and vowed to revive the legacy of “Made in the USA.” He attributed previous setbacks to what he called a “war on energy,” high inflation, and regulatory burden, and said his administration is reversing those effects by creating a business-friendly climate centered around tax incentives, deregulation, and strategic tariffs. Trump asserted that many multinational corporations are now choosing to build factories in the United States as a direct response to his trade and economic policies.

GE Aerospace CEO Larry Culp spoke at the event, highlighting a $1 billion investment across 16 U.S. states that includes support for small and mid-sized businesses in the company’s supply chain. He praised the administration’s direction and confirmed GE’s commitment to expanding its manufacturing footprint and workforce within the country.

SoftBank CEO Masayoshi Son followed with news of an even larger financial pledge. Initially offering $100 billion toward projects involving OpenAI, Oracle, and MGX, Son said he doubled the figure at Trump’s request, eventually confirming a staggering $500 billion joint investment in what he called the most significant AI and infrastructure initiative in American history. Son emphasized the U.S. must continue to lead in AI development, stating that such innovation would reshape every industry and redefine human life.

Nvidia CEO Jensen Huang also addressed the gathering, announcing a $500 billion investment into AI chip manufacturing and next-generation computing systems built on U.S. soil. Huang said Trump’s policies were instrumental in enabling this shift, explaining that manufacturing is no longer just about low-cost labor but about access to cutting-edge technology and energy. He described these new production centers as “factories of the future,” powered by artificial intelligence and rooted in the United States.

The discussion turned to energy infrastructure, with Huang highlighting how Trump’s energy policy makes it possible for next-generation industries like AI to thrive. Trump added that the nation must more than double its current electricity production to support coming demand. He criticized the aging U.S. energy grid and proposed allowing businesses to generate their own power to avoid infrastructure failures and meet energy needs independently.

As the event concluded, President Trump thanked the assembled business leaders for their investments and vision, describing the day as a major step forward in American economic resurgence. He invited them to tour the Oval Office after the gathering, closing the event on a symbolic note of partnership between the White House and the private sector.

The “Investing in America” initiative marks a pivotal moment in Trump’s presidency, positioning the U.S. as the epicenter of technological and manufacturing innovation and reinforcing the administration’s narrative of economic rebirth through aggressive pro-business policies.

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