USA: investments of $ 5,000 billion in the first 100 days

This article was automatically translated from HIBAPRESS, the Arabic version:

Hibapress

The US administration managed to attract investments of more than $ 5,000 billion during the first 100 days of President Donald Trump’s second term, a White House statement said on Tuesday.

Launched or promised by around fifty local (Apple, Nvidia, IBM, etc.) or international companies (Hyundai, Stelantis, TSMC, etc.), as well as by several sovereign funds, these investments will allow the creation of more than 450,000 jobs, notes the American presidency.

These investments cover a wide range of sectors ranging from automotive to the pharmaceutical industry, including technology, artificial intelligence infrastructure, energy or logistics and international transport, specifies the same source.

A note from the National Economic Council said, moreover, that at least 345,000 jobs have been created, including 228,000 in March, since the inauguration of President Trump on January 20. The Economic Council also reports a fall in prices oscillating between 7% for energy products and 2% for drugs, in addition to a decline of 1% in the prices of wholesale goods.

Overall, the Council notes that the US administration has launched a “daring effort involving several agencies to repeal the existing federal regulations which have contributed to the increase in the cost of living”.