Trump says he’s attracted $7 trillion in private investments into the US

president Donald Trump said he attracted more than $ 7 trillion in private investment since his election, from companies such as Apple, Eli Lilly and Stargate, as well as countries such as Saudi Arabia, the United Arab Emirates and Japan.

Trump spoke to correspondents on Wednesday after he signed a round of executive requests, when he was asked about the purchase of a record amount of private sector investments, which reached a total of $ 7 trillion.

“We have, as I say, more than 7 trillion dollars now … from the upcoming investments,” Trump said. “Apple comes at $ 500 billion alone. We have other companies that come with huge numbers. We have upcoming car companies. No, we haven’t seen anything like that, perhaps in the 1940s or fifties of the last century or something like that, but we have never seen anything like it.”

A senior White House official supplied Fox News in detail for investments, noting that many entities committed “more” than it was provided.

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For example, Stargate, a project from SoftBank, Openai and Oracle, which includes the creation of data centers for further development of artificial intelligence, has been $ 500 billion.

Apple also adhered to $ 500 billion, according to the data of the White House official.

The Glossary of Computing and Electronics (TSMC) manufacturer has committed to an investment of $ 100 billion in the United States, and NVIDIA for $ 200 billion.

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President Donald Trump shakes his hands with Taiwan Manufacturing Company, CEO CC Wei in the Roosevelt room in the White House, March 3, in Washington, DC (Andrew Harnik / Getty Images / Getty Images)

Other prominent companies concerned are Eli Lilly for $ 27 billion; Hyundai for $ 20 billion; Venture Global for $ 18 billion; Johnson and Johnson for $ 55 billion.

Many countries have also adhered to large amounts of money for American investments, including the United Arab Emirates for $ 1.4 trillion; Japan for a trillion dollars; The Kingdom of Saudi Arabia for $ 600 billion; India for $ 310 billion, although all numbers may be higher, according to the White House official.

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Saudi Crown Prince Mohammed bin Salman shakes his hands with US President Donald Trump, at the G20 leaders in Osaka, Japan, June 29, 2019. (Bandar Algaloud/Samwage Saudi Royal Boxing via Reuters/Reuters File/Reuters)

Days after Trump returned to the Oval Office in January, the flow of investments from the technology sector, amid the emergence of artificial intelligence and other emerging technologies that will help forming the global economy in the coming decades.

This momentum contains advocates of development policies such as the American Chamber of Commerce, the largest business group in the country, looking to take advantage of organizational reforms to lure more investment.

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“It is great to see companies looking to make strategic investments within the United States. We look forward to working with the administration to reduce the regulatory burdens to motivate more investments,” Jordan Krincho, the first vice president of the Chamber’s Chamber’s Technology in the American Chamber of Commerce (CTEC).

Eric Rival and Reuters contributed to Fox Business.