
President-elect Trump’s discussion with Apple CEO Tim Cook hints at a major U.S. investment, signaling a surge in economic optimism and corporate collaborations.
He won a new deal with Apple before even entering the White House…
At a Glance
- Trump announced potential Apple investment in the U.S. after speaking with CEO Tim Cook
- SoftBank committed $100 million to create 100,000 jobs in the U.S.
- DAMAC pledged $20 billion for data centers across multiple states
- Small business confidence at a 39-year high
- Stock markets and cryptocurrency values surging
Trump’s Economic Strategy: Collaborating with Tech Giants
President-elect Donald Trump’s recent announcement of a potential major investment by Apple in the United States has sparked renewed interest in his economic strategy. The news came after a conversation with Apple CEO Tim Cook, signaling a promising start to Trump’s efforts to boost the American economy through collaborations with top business executives.
During his Make America Great Again Victory Rally in Washington D.C., Trump shared the exciting news with his supporters.
“I spoke with Tim Cook of Apple. He said they’re going to make a massive investment in the United States because of our big election win,” he said.
The investment shouldn’t come as a surprise to anybody who knows how Trump works. Since his election victory, the President-elect has secured significant commitments from other major corporations. SoftBank, for instance, has pledged a $100 million investment aimed at creating 100,000 jobs in the United States.
“This historic investment is a monumental demonstration of confidence in America’s future. And it will help ensure that artificial intelligence, emerging technologies and other industries of tomorrow are built, created and grown right here in the USA,” Trump said.
In addition to SoftBank’s commitment, Trump announced a substantial investment from DAMAC. “I’m thrilled to announce today that DAMAC will be investing at least $20 billion over a very short period of time into the United States, and they may go double or even somewhat more than double that amount of money. That’s a great thing,” Trump stated.
While Apple has not immediately commented on Trump’s announcement about the potential investment, the tech giant’s shares have increased by more than 20% over the past year, bringing the company close to a $4 trillion valuation. This growth suggests that investors are optimistic about Apple’s future prospects and potential expansion plans in the United States.
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