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World

Trump boasts of $50bn investment at victory rally

[caption id="attachment_330296" align="alignnone" width="3000"] APPLETON, WI - MARCH 30: Republican presidential candid
Published December 7, 2016

[caption id="attachment_330296" align="alignnone" width="3000"]APPLETON, WI - MARCH 30: Republican presidential candidate Donald Trump speaks to guests during a campaign rally at the Radisson Paper Valley Hotel on March 30, 2016 in Appleton, Wisconsin. Wisconsin voters go to the polls for the state's primary on April 5.   Scott Olson/Getty Images/AFP APPLETON, WI - MARCH 30: Republican presidential candidate Donald Trump speaks to guests during a campaign rally at the Radisson Paper Valley Hotel on March 30, 2016 in Appleton, Wisconsin. Wisconsin voters go to the polls for the state's primary on April 5. Scott Olson/Getty Images/AFP[/caption]

FAYETTEVILLE: Donald Trump embarked Tuesday on the second leg of an unorthodox "victory tour," promising tough policies to put the US economy first and boasting of securing a $50 billion Japanese investment to create 50,000 jobs.

The US president-elect provided no details on the jobs or investment, which he spent all day trumpeting after talks with Japanese telecoms billionaire Masayoshi Son at Trump Tower in New York.

"Great guy of Japan. He's pledged that he's going to put $50 billion into the United States because of our victory," Trump told a crowd of several thousand in Fayetteville, North Carolina of Son.

"Fifty thousand jobs he's going to be investing in."

The Japanese magnate told reporters at Trump Tower that his telecoms company would be investing in startup companies in America.

"I just came to celebrate his new job," said Son.

The tycoon brandished a piece of paper that indicated SoftBank and Foxconn, the Taiwanese technology giant, "commit to invest $50bn + $7bn in US, generate 50k + 50k new jobs in US in next four years."

Trump got into hot water last week by taking a protocol-busting telephone call from the president of Taiwan and is under increasing fire in the media for conflicts of interest between his vast business empire and taking top office.

He accuses China of stealing American jobs by sucking away manufacturing plants and pledges to lower corporate tax rates to 15 percent and threatens "consequences" on American firms that fire workers and leave the country.

 

Copyright AFP (Agence France-Presse), 2016

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