Trump was elected to fix the economy. He knows he has a lot of work to do.
And President Trump gave an update on the economy that could signal massive change.
President Donald Trump is firing on all cylinders, delivering a powerhouse speech at the Detroit Economic Club in Michigan, where he laid out the undeniable success of the American economy under his leadership. He’s calling it the “Trump economic boom,” and from the numbers he’s dropping, it’s clear why.
In his remarks, Trump made it crystal clear that the U.S. economy is outpacing the rest of the world by a massive margin. He pointed out that growth here is running at three to four times the rate of other nations, making America the envy of the planet.
“The results are in, and the Trump economic boom is [sic] officially begun,” he said.
One of the biggest wins Trump highlighted is the flood of investments pouring into the United States since he took office again. He’s locked in over $18 trillion in commitments from countries and companies worldwide, a staggering achievement.
“In four years of Biden, they secured less than $1 trillion of new investment in the United States… In less than one year, I have secured commitments for over $18 trillion from all over the world, the most ever for any country,” Trump said during his remarks.
Digging into the details, the White House has documented $9.6 trillion in investments so far during Trump’s second term.
These aren’t small potatoes—they’re game-changers from power players around the globe.
Take the United Arab Emirates, committing a whopping $1.4 trillion to fuel American growth. Right behind them is Qatar with $1.2 trillion, showing how Trump’s tough negotiations are paying off big time.
Japan’s in the mix too, pledging $1 trillion, while tech giants like Meta and Apple are each throwing in $600 billion. This is American innovation getting the boost it deserves, not handouts to foreign competitors.
Saudi Arabia matches that $600 billion figure, and European firms are collectively adding another $600 billion. It’s a testament to how Trump’s leadership is drawing in allies who see the strength in partnering with a revitalized America.
Then there’s Softbank, Oracle, and OpenAI teaming up for $500 billion, alongside NVIDIA and India each committing the same amount.
Trump didn’t shy away from slamming the mess he inherited from Joe Biden.
“Joe Biden gave us a colossal stagflation catastrophe, but my administration has rapidly and very decisively ended that. We have quickly achieved the exact opposite of stagflation, almost no inflation, and super high growth,” the president stated.
Back in December, Trump noted that wages for the average private-sector worker had climbed by $1,048 during his presidency so far. That’s a sharp turnaround from the nearly $3,000 wage drop Americans suffered under Biden’s watch.
Under Trump, wages are finally beating inflation, and the economy is roaring with a third-quarter GDP growth of 4.3 percent on a seasonally and inflation-adjusted basis, per Breitbart News.
The stock market is another arena where Trump’s winning big. It’s hit all-time highs, setting records left and right since the election.
“The stock market is now the highest in history. Since the election, we’ve set all of those records, and I think an all-time record that’s so important to me, because so many people have them, is boosting 401k’s and retirement accounts for millions and millions of Americans,” Trump said.
From Detroit to every corner of the country, Trump’s message is resonating: America is back, stronger than ever, thanks to policies that prioritize workers, industries, and the future. This economic surge is just the beginning of making America great again.
