US Edition'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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15 Articles
‘Trump Effect’ website takes credit for Biden-era investments in the U.S.
Within hours of taking office in January, President Donald Trump boasted about attracting $3 trillion in new corporate investments to the United States. Since then, Trump has said the investments have swelled to $14 trillion, or roughly half of the nation’s annual gross domestic product. The White House calls it “The Trump Effect” and features a rolling list on its website of more than 70 projects it says Trump’s economic policies spurred, from …
Trump boasts of $14 tn US investment, WH lists just $2.6 tn, including $1.3 tn made under Biden
The White House calls it "The Trump Effect" and features a rolling list on its website of more than 70 projects it says Trump's economic policies spurred, from a new bakery plant in Texas to a LEGO facility in Virginia and a microchip plant in Arizona
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