Trump announces $50 billion investment in US by Softbank

Trump announces that SoftBank’s CEO, Masayoshi Son, has agreed to invest $50 billion in U.S. which will create 50,000 new jobs. Son says the money would be invested in startups in the U.S. He and will come from a $100 billion investment fund he set up with Saudi Arabia. Trump:

This is Masa of Softbank from Japan, and he’s just agreed to invest $50 billion in the United States and 50,000 jobs. And he’s one of the great men of industry. He’s one of the truly great men.

Masa said he would never do this had we (Trump) not won the election!

— Donald J. Trump (@realDonaldTrump) December 6, 2016