USSTOCK.TODAY
Market Closed
Log in Sign up

Trump's economic development project announcement and similarities to past cases

Yahoo Finance ·

AAPL Apple Inc
$341.27 +0.09%
View chart & analysis →
  1. 1Before the 2018 election, Trump promised nearly 15,000 jobs at Foxconn, but currently only 1,200 people are employed at the Foxconn site.
  2. 2A South Korean government official immediately protested the $50 billion cost of the gas pipeline project proposed by Trump.
  3. 3Regarding the $4 billion cost for the aluminum processing plant construction promised by Trump, the project developer reported to the SEC the need for significant additional funding.

So what's the key point?

The number of jobs Trump promised was actually much lower. This shows that promises and actual situations can be different.

Source Yahoo Finance · View original ↗

Today's 5 AI picks, all free
Nothing hidden: past picks and how they did against the S&P 500.
See today's picks →