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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.

  • As of July 2, 2025, the White House’s 'Trump Effect' website displayed a total of over $2.6 trillion in domestic investment projects.
  • A Reuters analysis revealed that nearly half of the expenditures listed on the site—amounting to over $1.3 trillion—were either initiated during former President Joe Biden’s administration or consisted of standard spending presented as new domestic investment.
  • The site includes projects such as Hyundai's $5.8 billion steel plant in Louisiana, Corning's $1.5 billion Michigan investment, and Chobani's $1.2 billion New York plant.
  • White House spokesman Kush Desai called Trump 'the greatest closer in modern history' who converts talks into investments, while economist Mark Zandi says forecasts remain unchanged amid added uncertainty from tariffs.
  • The listings and statements suggest Trump's policies spur investment, but expert analysis shows limited change in investment expectations and note many projects preceded his presidency.
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U.S. News broke the news in New York, United States on Tuesday, July 8, 2025.
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