Published On:December 8, 2016, 12:00 pm
President-elect Donald Trump declared U.S. $50 billion Japanese telecoms investment contrived to develop 50,000 US jobs, and thereby claiming yet another high-stakes personal victory for the American economy prior to setting off the second leg of a triumph.
Trump did not give any details pertaining to the jobs or investment yesterday, which he proclaimed after a meeting with Japanese self-made billionaire Masayoshi Son at his headquarters in New York.
The mogul of real estate whose election astonished the world primarily tweeted the announcement, and later walked into the lobby of Trump tower to update the reporters in person.
He told the reporters while standing next to Son with his arms around his shoulders, "This is Masa of SoftBank from Japan and he's just agreed to invest US $50 billion in the United States and 50,000 jobs."
Trump further added, "He's one of the great men of industry, so I just want to thank you very much."
For which Son replied, "I just came to celebrate his new job," while he repeated his commitment and said that SoftBank will be investing in start-up companies in America.
At the time of an interval with Wall Street Journal, Son mentioned that the money will be amounting from a US $100 billion investment fund which he is planning with Saudi Arabia’s sovereign-wealth fund and other possible partners.
Donald Trump won against Hillary Clinton by promising to develop more jobs and campaigning as a political outsider who has the capability to stir the entire system, claimed the Japanese investment as a personal coup d'état.
The rebellious Republican wrote on Twitter, "Masa said he would never do this had we (Trump) not won the election!"
It is the second time in a week that Trump has such a claim wherein he acted personally to safeguard or create American jobs – post a deal to sustain hundreds of manufacturing jobs in Indiana.
Even before his maiden victory rally in Ohio, the agreement with air-conditioning plant Carrier was declared and has give rise to stock amongst Republican and Democrat voters alike.
Trump attempted to strengthen his populist credentials further by being ominous to strike off a booming contract for two new Air Force One jets, which is one of the most scintillating assets of the US presidency.
His claim was that he jets’ contract had elevated to more than US $4 billion, as his dedicated team said he was committed to keeping the government by cutting down the expenses and saving taxpayers’ money.
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