By Colleen Long
President-elect Donald Trump joined SoftBank Group CEO Masayoshi Son to announce plans by the Japanese company to invest $100 billion in U.S. projects over the next four years.
Trump announced the planned investment Monday at his Mar-a-Lago resort with Son at his side, along with Howard Lutnick, head of investment bank Cantor Fitzgerald and Trump’s pick for commerce secretary.
“He’s doing this because he feels very optimistic about our country,” Trump said. The president-elect said that since his election, people have expressed interest in “coming in with tremendous amounts of money.”
The investments by Softbank, Trump said, are “a monumental demonstration of confidence in America’s future.”
Son said he wanted to “celebrate the great victory of President Trump” and that he will “bring the world into peace again.”
“I am truly excited to make this happen,” he said.
After the president-elect noted the $100 billion was double an investment pledge Son made
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