According to the Financial Association on January 8 (Editor Niu Zhanlin), on Tuesday local time, the elected USA President Trump announced an investment plan of at least 20 billion USD to build new Datacenters across the USA.

At a press conference held at Mar-a-Lago, Trump stated that his partner, UAE billionaire and founder of Damac Properties, Hussain Sajwani, would make this investment, emphasizing that it is crucial for maintaining the USA's competitiveness in emerging technologies and that Sajwani would double the investment amount if necessary, or even more.

According to Trump, the first phase of the plan will be implemented in Texas, Arizona, Oklahoma, Louisiana, Ohio, Illinois, Michigan, and Indiana, with the Datacenters primarily supporting AI and cloud technology.

Sajwani immediately stated: "We initially plan to invest 20 billion USD, and if opportunities and the market allow, we might invest even more."

He also claimed that it was Trump's victory that motivated him to commit to this investment, saying, "For me and my family, Trump's election last November was a surprising message. We have waited four years to increase our investments in the USA."

After Trump won the election, countless business leaders tried to curry favor with him; besides personally visiting Mar-a-Lago, they also donated large sums to Trump's inauguration Fund.

Trump himself also hopes to shape a close relationship with the business community through gaining their support, showcasing the positive impact of his policies, thus laying the groundwork for his second term.

Trump will officially take office on January 20. He has been seeking to attract more foreign entities to do business in the USA and has promised bullish benefits such as expedited approval processes for companies that invest 1 billion dollars or more.

In December last year,$SoftBank Group (9984.JP)$founder and president Masayoshi Son met with Trump and announced a 100 billion dollar investment plan, promising to "create 100,000 jobs focused on AI and related infrastructure."

The reason this incoming president is able to win a second term is largely due to his economic agenda and voter disappointment with the Biden administration's handling of economic issues. This is particularly reflected in the public's anxiety over high prices for commodities and services, and concerns about wages and employment.

Trump has promised to encourage foreign companies to shift investment to the USA by implementing tariffs and tax policies, which is also one of the core aspects of his economic policy. The aim is to boost the economy by lowering corporate tax rates, easing regulations, extending and expanding tax cuts and benefits, increasing domestic energy production, and streamlining the permitting processes for major projects.

However, some aspects of Trump's agenda have raised concerns among business leaders and the markets, especially his vows to impose comprehensive tariffs on both allies and adversaries of the USA, and to carry out mass expulsions of illegal immigrants.

During a press conference, when asked if he would avoid using military or economic coercion in Panama and Greenland, Trump stated: "No, I cannot guarantee either of those. But I can say that for economic security, we need them."

This unusual statement further outlines Trump's expansionist agenda, claiming to rename the Gulf of Mexico to the Gulf of USA and reiterating his commitment to impose huge tariffs on Mexico and Canada.

Editor/Somer