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To commemorate his first 100 days back in office, President Donald Trump will host more than two dozen top executives and CEO’s at the White House this week to highlight a range of investments from some of the biggest companies in the world.
What Happened: Leaders from NVIDIA Corp (NASDAQ:NVDA), Johnson & Johnson (NYSE:JNJ), Hyundai Motor (OTC:HYMTF), Toyota Motor Corp (NYSE:TM), and SoftBank Group (OTC:SFTBF) are expected to be present at the "Investing in America" event on Wednesday, according to White House officials who spoke to Reuters.
Trump intends to showcase recent investments in sectors like healthcare, defense, artificial intelligence, and consumer goods.
In January, Trump announced a private-sector pledge of up to $500 billion toward AI infrastructure with support from OpenAI, SoftBank, and Oracle.
See Also: Want a Trade Deal? Keep Trump Happy, Goldman Sachs Reportedly Tells Countries
Why It Matters: The event comes amid rising concerns from industries dealing with tariff-induced disturbances. While Trump repeatedly called on global companies to expand U.S. operations, automakers and manufacturers have expressed concerns over policy clarity and regulatory consistency.
"I need clarity, and then I need consistency," said GM CEO Mary Barra last week, according to Reuters.
Despite the ambiguity, recent investments —like Hyundai's $21 billion U.S. commitment and a new $5.8 billion steel plant in Louisiana — are being presented as proof of economic optimism.
According to Reuters, White House spokesperson Kush Desai said, "Trillions in historic investment commitments since President Trump was elected from industry leaders including TSMC, Apple, and Roche demonstrate resounding confidence in the U.S. economy and dollar under this administration."
Still, with many companies waiting for more definitive trade policies before planning expansions, Trump's pitch this week will show how far investor confidence can hold amid the changing landscape.
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