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'Trump Effect' website takes credit for US investment made under Biden

UNITED STATES, JUL 8 – The White House credits Trump's policies for $2.6 trillion in U.S. investments, though nearly half originated under Biden or were routine spending, Reuters found.

  • The White House website called 'The Trump Effect' lists more than 70 U.S. investment projects, totaling over $2.6 trillion as of July 2, 2025.
  • Reuters found many projects on the site were announced or incentivized before Trump took office in January 2025, or represent routine capital spending.
  • Notable included projects are Hyundai's $5.8 billion Louisiana steel plant, Corning's $1.5 billion Michigan investment, Chobani's $1.2 billion New York plant, and Apple's pledge to invest $500 billion.
  • Economist Mark Zandi stated that despite announcements, investment expectations have not changed and that Trump's tariffs have increased uncertainty and frozen decisions.
  • The White House credits Trump's policies for spurring investments and foreign deals, but skepticism remains as the $2.6 trillion differs from Trump's $14 trillion claim and some projects predate his term.
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U.S. News broke the news in New York, United States on Tuesday, July 8, 2025.
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