Trump claims $17 trillion in new US investments. The real number is likely much less
News Source : Associated Press
News Summary
- The $17 trillion is supposed to fund new factories, new technologies, more jobs, higher incomes and faster economic growth.
- The White House website lists total investments at $8.8 trillion.
- The issue goes beyond Trump’s hyperbolic talk to his belief that the brute force of tariffs and shaming of companies can deliver economic results.
- Just 37% of U.S. adults approve of Trump's handling of the economy, according to a September poll by The Associated Press-NORC Center for Public Affairs.
WASHINGTON (AP) The economic boom promised by President Donald Trump centers on a single number $17 trillion.Thats the sum of new investments that Trump claims to have generated with his tariffs, [+6256 chars]