Trump claims he has drawn $18 trillion in investment into the U.S., framing it as the start of a new “golden era” driven by tariff policies.

However, official White House data tells a different story. The administration’s own “major investment announcements” total roughly $9.6 trillion, combining both domestic and foreign commitments. The larger figure appears to come from heavily inflated assumptions, not verified capital flows.

Bottom line: the narrative is bold, but the confirmed investment numbers are far lower than advertised. Markets should separate political messaging from hard data.

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