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Trump touts US$18 trillion investment surge
The remarks came as Trump sought to reinforce his economic message amid continued focus on trade, tariffs, and domestic manufacturing.
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IANS - Wed, 20, May 2026
- 16:52 EDT
- 38
Donald Trump / (Xinhua via IANS)
President Donald Trump on May 20 projected strong economic growth for the United States, claiming trillions of dollars in investments were flowing into the country as he predicted a manufacturing boom driven by foreign companies setting up plants across America.
Trump told reporters at the White House that the US economy is entering an unprecedented period of expansion. “We have 18 trillion being spent, and no country has had anything like that,” he said.
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He pointed to automobile manufacturing as a key example of renewed industrial investment. “We have car companies and plants coming in from Germany, from South Korea, from Japan coming in by the billions, and they're being built now,” he said.
Trump argued that companies were shifting production to the United States to gain access to the American market.
“The reason to be there cause they wanna sell our market,” he said.
The President said Americans would witness economic developments unlike anything seen before.
“You're gonna see things that nobody thought were possible,” Trump said. “You're gonna see a lot of amazing things over the next three years for our country.”
The remarks came as Trump sought to reinforce his economic message amid continued focus on trade, tariffs, and domestic manufacturing. Throughout the interaction, he repeatedly pivoted from foreign policy questions to economic issues, signalling that investment and industrial growth would remain central themes of his administration.
Trump also linked the investment inflows to broader confidence in the United States economy.
“The economic numbers” were “phenomenal,” he said, while expressing optimism about future growth.
Alongside economic issues, Trump criticised California's election system, calling it “rigged” and “one of the most dishonest.” He claimed Republicans faced disadvantages in the state's voting process.
“Republicans have to call in,” Trump said. “It's a rigged system.”
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