White House touts corporate promises to invest big bucks in the U.S.
CBSN
As concerns mount about the economic fallout from steep U.S. tariffs on key trade partners, President Trump is highlighting what he says is a major benefit of stepped-up import duties: corporate investment in the U.S.
The White House on Wednesday unveiled a website to track U.S. and foreign companies that have announced investments in U.S. manufacturing and other projects since the beginning of Mr. Trump's second term. The so-called investment tracker currently lists 47 projects involving 50 companies based on the size of their financial commitments.
"Since President Donald J. Trump returned to office, his America First economic policies have sparked trillions of dollars in new investment in U.S. manufacturing, technology, and infrastructure," the site states.
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