Trump says he's secured more than $5 trillion in new private investments, but not all of it is his doing - The Boston Globe

Contributing sentiments towards policy:

64% : The effort got a significant boost with passage of the CHIPS Act in 2022, and TSMC increased its planned investment to $40 billion.
62% : The announcement, which came just two days after Trump took office, fulfills a commitment the company made in a 2023 union contract and follows a $334 million grant last July from the Biden administration to help restart the facility.
60% : As Trump passed the 100-day mark in office last week, the White House touted a growing list of more than 50 announcements by private companies since Jan. 20 to invest more than $5 trillion in the United States.
54% : Some are a continuation of earlier investment commitments or were in the works well before Trump took office, like the Roche Genentech Innovation Center Boston, part of a $50 billion US investment announced by the Swiss pharmaceutical company in April.
46% : But Trump -- prone to hyperbole and outright falsehoods -- is taking things to a new level.
43% : Joe Biden said in February 2024 that the CHIPS Act had attracted $640 billion in private investments, an assertion that non-partisan Politifact rated as "mostly false" because it included the effects of other legislation and "not every project will come to fruition."
38% : "They will come because they won't have to pay tariffs if they build in America," Trump said in his March 6 address to Congress.
36% : And at least one announcement appears to have nothing to do with Trump.
36% : " The White House defended Trump as a "dealmaker-in-chief." "By slashing regulations, lowering energy costs, enacting tariffs, and closely coordinating with the private sector, the Trump administration is securing trillions in historic investment commitments for the long-term restoration of American Greatness," said White House spokesperson Kush Desai.
29% : But like some other "Trump effect" investments, Trump doesn't deserve all the credit.
17% : Three days after the TSMC's March 3 announcement, Trump called for Congress to end the "horrible" CHIPS Act, asserting that companies weren't spending the grants and that his administration didn't have to give TSMC any money to convince it to increase manufacturing capacity in the United States.

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