Trump claims Foxconn CEO said 'off the record' he'd invest $30B in US plant
It was already a big announcement for U.S. jobs when Trump said, "Today I'm pleased to announce that Foxconn...will build a state of the art manufacturing facility."
But now a week after that $10 billion announcement, President Trump claims Foxconn could triple its investment. At an event for small businesses, Trump spoke of Foxconn's CEO saying, "He told me off the record — he thinks he may go $30 billion. But he told me that off the record, so I promised I wouldn't tell anyone."
Foxconn, who's best known for assembling the iPhone in China, hasn't responded to the claims.
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According to the White House, the actual $10 billion dollar deal will add 3,000 new jobs in Wisconsin, where the plant will be built.
But Foxconn could still fall short. In 2013 it said it would invest $30 million dollars for a new factory in Pennsylvania but it was never completed.
In another off the cuff remark, last week Trump told the Wall Street Journal Apple CEO Tim Cook promised three new plants in the U.S. Apple hasn't commented on that claim.