Trump announces $100 billion SoftBank investment in U.S. projects

apnews.com

President-elect Donald Trump will announce a $100 billion investment by SoftBank in U.S. projects over the next four years. The announcement will take place at his Mar-a-Lago resort in Florida, marking his first press conference since winning the election. This investment follows previous high-profile deals that did not fully materialize, such as Foxconn's scaled-back plans in Wisconsin. Trump has emphasized his commitment to attracting foreign investment and expediting federal permits for large projects. SoftBank, led by CEO Masayoshi Son, has a diverse investment portfolio, including companies like Yahoo and Alibaba. The announcement comes as Trump seeks to promote his policies and negotiate with foreign leaders before taking office.


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