Thursday, December 8, 2016

Trump Announces Japanese Telecom Co. Will Invest $50 Billion to Create 50,000 Jobs in U.S.

Via Billy
In the wake of reports that SoftBank Group Corp. founder and Chief Executive Officer Masayoshi Son was set to meet with Donald Trump in New York, the President-elect announced that the Japanese telecommunications company will invest up to $50 billion in the U.S. which includes plans to create 50,000 new jobs here. Several sources reported that Son, 59, was set to meet with Trump on Tuesday. SoftBank is a major investor in Sprint Corp., one of the largest cell providers in the U.S.

After the meeting, Trump reported that SoftBank has pledged to invest heavily in the U.S.A.
In a video posted by ABC News, Trump and Son emerged in the lobby of Trump Tower in New York to tout the new agreement.

“This is Masayoshi Son of SoftBank from Japan,” Trump said, “and he’s just agreed to invest fifty billion dollars in the United States and 50,000 jobs. And he’s one of the great men of industry so I just want to thank you,” he said as he shook Mr. Son’s hand.



  2. I am very happy that Trump is doing everything exactly as he said he was going to do.

    1. I'm sure he'll do his best, but all the Republicans aren't on-board with everything and he has to think about getting elected again. He should steer a path that will enable him to get as much as he can enacted, but still make another 4 years possible.

  3. That is a very good point that I had not thought about.Thanks for that.