Donald Trump Set To Seek Investments For US From MNCs Like Hyundai, Nvidia, Johnson & Johnson: Report

<p>As part of a major White House initiative marking his first 100 days in office, President Donald Trump is preparing to host a high-profile event titled Investing in America, with a focus on showcasing a wave of corporate investments across the United States.&nbsp;</p>
<p>Scheduled for Wednesday, the gathering will bring together top executives from more than two dozen multinational firms, including tech giant Nvidia, healthcare leader Johnson &amp; Johnson, and auto manufacturers Hyundai, Toyota, and SoftBank Group, reported Reuters citing officials.</p>
<p>The event aims to spotlight commitments across sectors such as defense, healthcare, technology, consumer products, and investment funds. A White House official told the news agency that Trump intends to use the platform to reaffirm his administration&rsquo;s push to bring more manufacturing and investment back to American soil.</p>
<h3>Tariff Reforms and Domestic Manufacturing Drive</h3>
<p>Despite ongoing tensions triggered by Trump&rsquo;s trade policies and tariff implementations, the administration is taking steps to ease pressure on industries heavily impacted by these measures. On Tuesday, the White House is expected to roll out a new policy aimed at mitigating the cost burden associated with auto tariffs. The proposal will include exemptions for foreign-manufactured components used in vehicles assembled domestically and prevent compounded levies by streamlining overlapping duties.</p>
<p>Commerce Secretary Howard Lutnick also emphasized the strategic intent behind the changes, noting, &ldquo;President Trump is building an important partnership with both the domestic automakers and our great American workers.&rdquo;</p>
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<h3>Renewed Corporate Interest Amid Policy Shifts</h3>
<p>The White House has cited substantial investment pledges from companies such as Apple, Roche, and Taiwan Semiconductor Manufacturing Company (TSMC), stating these moves &ldquo;demonstrate resounding confidence in the US economy and dollar under this administration.&rdquo; Meanwhile, Trump noted that General Motors is reportedly considering a significant $60 billion investment in US operations.</p>
<p>Nonetheless, some corporations have signalled that they are waiting for further clarity on trade regulations before finalising new investments.</p>