CEOs and senior executives from major global companies — including Nvidia, Johnson & Johnson, Hyundai Motor, Toyota Motor, and SoftBank Group — will visit the White House on Wednesday for an event highlighting U.S. investments, officials told Reuters.
🔹 Event Focus:
- President Donald Trump will promote investments across defense, tech, healthcare, consumer products, and investment funds.
- The event marks Trump’s first 100 days in office celebration under the “Investing in America” theme.
🔹 Manufacturing Push: Trump aims to encourage U.S. and foreign companies to expand manufacturing in America, despite sparking a global trade war through widespread tariffs. Several industries — airlines, automakers, retailers — have voiced concerns over the negative impact of tariffs on U.S. manufacturing and sales.
🔹 Highlighting Big Investments:
- TSMC, Apple, and Roche were cited by the White House as examples of strong investment confidence in the U.S.
- Trump revealed General Motors is considering a $60 billion investment but companies like GM are seeking more regulatory clarity.
- GM CEO Mary Barra recently said: “I need clarity, and then I need consistency.”
- GM CEO Mary Barra recently said: “I need clarity, and then I need consistency.”
🔹 AI and Infrastructure Investments: Trump also announced plans for a $500 billion private-sector investment in AI infrastructure, involving OpenAI, SoftBank, and Oracle, aiming to keep the U.S. ahead in critical technologies.
🔹 Hyundai’s Major Commitment: Last month, Hyundai unveiled a $21 billion U.S. investment, including a new $5.8 billion steel plant in Louisiana expected to produce over 2.7 million metric tons of steel annually and create 1,400+ jobs.