Trump announces $100 billion SoftBank investment to create 100,000 jobs in the US
President-elect Donald Trump announced that Japan's SoftBank will invest $100 billion in the U.S., creating 100,000 jobs, particularly in artificial intelligence. This investment is seen as a significant boost for Trump's incoming administration. SoftBank's CEO, Masayoshi Son, confirmed the investment during a press conference at Trump's Mar-a-Lago resort. This commitment is nearly double what SoftBank pledged in 2016, reflecting increased confidence in the U.S. economy. Trump emphasized that this investment will support emerging technologies and industries in the U.S. He also reiterated his belief that tariffs could benefit the economy, despite concerns from some analysts about potential negative impacts.