President Trump Participates in a Deal Signing

Ladies and gentlemen, Please welcome the 45th and 47th President of the United States, Donald J. Trump accompanied by the United States Ambassador to Japan and the United States Secretary of Commerce.

Well welcome everybody. I am incredibly proud to announce that this evening we're going to be signing $490 billion of investment. So I'm sorry I left you down. I didn't get to 500 billion. I came a little short but we'll get there anyway. So these, these deals are driven by the Japanese Strategic Investment Initiative which was created by your tariff policy and by your historic trade agreement with Japan. So that was the under underlying reason that we were able to get all these deals done today. So so the commitments ensure the economic and national security of the United States of America. We're going to be developing energy, we're going to be developing nuclear semiconductors and strengthening the entire domestic supply chain. So I'd like to kick it off right and the first company I'd like to announce is Westinghouse which will invest up to $100 billion in nuclear reactors to restore U.S. energy dominance. And we have the co signer is Bruce Flatt who's the chairman and CEO of of Brookfield Asset Management. So come on up. There you go. Can hold it with the President. We're starting with the big deals. Then we have GE Vernova. Also $100 billion by using nuclear, the construction of SMRs and also large scale power equipment such as gas turbines, steam turbines and generators. And we have Scott Strazik, CEO of GE Vernov. Next we have Bechtel is doing up to $25 billion in construction and engineering services to build these large scale power all across the United States of America. And Brendan Bechtel, please come on up.

Thank you Mr. Secretary. Thank you.

Next up is Kiewit. Also $25 billion in engineering, procurement and construction services. Thomas Shelby, come on up the group. Next up someone we know really well, Masa San from Softbank is going to provide $25 billion of engineering, development, specification design, procurement of large scale power infrastructure in America.

Thank you, thank you.

Next we have Toshiba. Also up to $25 billion in US electrical power modules and transform. Enter one up to $25 billion in large scale baseload power infrastructure. And this is Wadi Hab. Next we have the carrier Corporation will build up to $20 billion in thermal cooling systems and solutions, chillers, air handlers and coolant distribution for our power infrastructure. And with us today is Michael Georges.

Thank you very much. Thank you very much. Fantastic.

Now we Have Kender Morgan, the great pipeline company in America is providing up to $7 billion in natural gas transmission and other power infrastructure. And we have Kimberly Gang, who is the CEO with us today. Now, this is all moving to AI infrastructure. Next we have Mitsubishi Electric, which will build up to $30 billion in power station systems. You've got generators, transmission and equipment, all for data centers. Kiai. Okay, Uma. Next up, TDK will build $25 billion in electronic components and power modules that are essential for the AI infrastructure. Noburu Saito. Next up is Fujikura. You know, we know them, of course, for making great shafts right in golf clubs. But they also have the best cabling in the world for AI systems. And they're going to be bringing that critical optical fiber cables for the Internet to America. Naoki Okada, who's the president CEO of Fujikure. Next we have Hitachi. But Hitachi hasn't decided how big they want to be yet. So they're thinking about it. But.

All they have to do is.

Throw in an extra 10 and we'll get there. Togashi Tokaunda. Murata manufacturing will provide $15 billion in advanced electronic components. Norio Nakajima is the president of Murata Manufacturing Company. And lastly, rounding out our $490 billion, Panasonic will provide $15 billion to energy storage systems with electronic components. Yuki Kusumi.

I'm super excited. Very excited. Great job.

Not everyone who committed was able to be here tonight, but we had one of the most extraordinary groups of people who've committed to back your tariff moves and your historic trade deal to bring amazing infrastructure to America. And they're all really, really grateful to be here for you, Mr. President. Well, thank you.

We just heard that Toyota is going to be contributing $10 billion building auto plants throughout the United States. And they are doing it, I think, because of the November 5 election and because of the tariffs. And I was just authorized to make that statement. And we have another company that's going to be contributing at least $10 billion. And I'll give you that name later. We'll keep it a little bit. They wanted to do it very quietly, and that's okay with me. It could be quiet or not quiet. It's still about, I think, $18 billion. So we are very close to that.

You're at 518, I heard.

518, if you think about it. So thank you all very much. Great honor. You're great business people. My friends, all, almost all of you are friends, and we appreciate it. And our country will not let you down. You know, we hit a new high today, the stock market in history. And I think we've hit 48 highs since I've been there. I've only been there nine months. And we've hit 48 highs. So it's really great. 48 highs. And we solved nine wars. No, eight wars. And another one coming. I think Russia, Ukraine is coming. I thought that was going to be the easy one. We did the Middle east, but we didn't do that. But we'll get it done. But it's really a very good feeling to do that. But we really appreciate it. And you have great companies. You're phenomenal business people. And beyond business people, honestly. But thank you all very much. We appreciate it. We won't let you down. Thank you.