IBM announces $150 billion American manufacturing investment amid Trump's tariff blitz
By: JACKSON WALKER (KATV)
Thank you IBM
S E E D E D C O N T E N T
by JACKSON WALKER | The National News Desk
IBM$150 billionAmerican manufacturingTrumpTariffsResearch and developmentAIJobs
WASHINGTON (TNND) — Tech giant IBM on Monday announced it would invest $150 billion in American manufacturing over the next five years amid President Donald Trump's tariff blitz.
Trump has repeatedly emphasized domestic manufacturing as the key to American trade dominance. His flurry of global trade tariffs is in part intended to incentivize manufacturers to keep business within the country.
IBM wrote its investment will include $30 billion in research and development "to advance and continue IBM's American manufacturing of mainframe and quantum computers."
"Technology doesn't just build the future — it defines it," IBM Chairman, President and CEO Arvind Krishna said. "We have been focused on American jobs and manufacturing since our founding 114 years ago, and with this investment and manufacturing commitment we are ensuring that IBM remains the epicenter of the world's most advanced computing and AI capabilities."
The company is a leader in hybrid cloud and artificial intelligence, marking a major win for American tech. It comes on the heels of major investments by companies like vehicle manufacturer Hyundai and shipping giant CMA CGM.
White House press secretary Karoline Leavitt on Monday reported the Trump administration has secured $5 trillion in domestic investments from major companies, which she claimed would generate 451,000 new jobs.
"At this point, President Trump has secured more investments in the United States of American in 100 days than Joe Biden did in four years," she said.
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One more on board..............
I thought this wasn't going to happen? At least thats what some on the left has been shrieking.