President-elect Donald Trump announced on Monday a $100 billion investment in the United States by SoftBank.
Speaking from Mar-a-Lago, the 47th president spoke alongside SoftBank Group CEO Masayoshi Son, where they announced SoftBank’s plans to invest $100 billion in the United States over the next four years.
Masayoshi Son said his “confidence level” in the US economy has “tremendously increased with [Trump’s] victory,” adding, “Because of that – I am committing $100 billion and 100,000 jobs into the United States. This is double of last time… because President Trump is a double-down president.”
Trump said the investment was evidence of “monumental confidence in America’s future.” He playfully encouraged Son to invest $200 billion. Son chuckled and said that he would try.
Trump called Son “one of the most accomplished business leaders of our time.”
“The $100 billion pledge, made at a flag-bedecked event at Trump’s Mar-a-Lago club in Palm Beach, Florida, fits in with Trump’s vow to bolster the U.S. economy and reduce the impact of inflation on Americans during his second term, which begins on Jan. 20,” Reuters reported.
WATCH:
On Sunday, George Stephanopoulos and ABC News were ordered to pay a hefty fine to Trump and apologize to him.
The incident that caused that fine and apology occurred when the anchor had a contentious interview in March with South Carolina Republican Rep. Nancy Mace, where he accused the president-elect of being a “rapist.”
“You’ve endorsed Donald Trump for president. Judges and two separate juries have found him liable for rape and for defaming the victim of that rape. How do you square your endorsement of Donald Trump with the testimony we just saw?” he said to the representative after playing a clip of her talking about her assault.
“Well, I will tell you. I was raped at the age of 16, and any rape victim will tell you- I’ve lived for 30 years with an incredible amount of shame over being raped. I didn’t come forward because of that judgment and shame that I felt, and it’s a shame that you will never feel, George. And I’m not going to sit here on your show and be asked a question meant to shame me about another potential rape victim. I’m not going to do that,” the representative said.
“It’s actually not about shaming you, it’s a question about Donald Trump…,” the anchor said.
