Trump announces multi-billion dollar investment: SoftBank doubles down

Donald Trump provided much to talk about at his first press conference following his re-election as US President. In addition to topics such as the polio vaccine, labor regulations for federal employees, and the wall with Mexico, he drew attention to a massive investment commitment from SoftBank CEO Masayoshi Son. Son announced plans to invest $100 billion in the US and create at least 100,000 jobs. He had already promised to invest $50 billion in 2016. However, SoftBank had to endure significant losses in the meantime, for example with the office startup WeWork. Nevertheless, Son remains confident in the US economy and doubled down. Trump noted that the mood has changed compared to his first term: "Now everyone wants to be my friend." Another key issue was the reconstruction of the border wall, which appears to be jeopardized by the sale of building materials by the Biden administration. Trump plans to take legal action against this sale to prevent material costs from skyrocketing. Additionally, he advocated for a strategic use of tariffs and defined "reciprocity" as a central concern. Regarding vaccine policy, Trump firmly committed to maintaining the polio vaccine but indicated sympathy for abolishing school vaccine mandates. He also expressed dissatisfaction with telework regulations for federal employees and announced plans to challenge existing agreements. The federal employees' union, however, is determined to defend its legal rights.