President Donald Trump said Tuesday that a Taiwanese electronics manufacturer told him in private that his company was considering a US investment of $30 billion.
Foxconn founder Terry Gou said last week from the White House that his company had selected a site in Wisconsin to build a $10 billion plant.
Standing in the same spot, Trump said claimed this afternoon at a small business event that Gou told him 'off the record' that 'he may go $30 billion.'
'Think of this, he may go $30 billion dollar investment, but he told me that off the record so I promised him I wouldn't tell anybody,' the president stated.
President Donald Trump said Tuesday that a Taiwanese electronics manufacturer told him in private that his company was considering a US investment of $30 billion
Trump may have been teasing about the off-the-record conversation. The $30 billion that the president cited is triple what Foxconn has committed to publicly, though.
The president's candid remarks about the conversation were especially noteworthy in the context of his quest to end leaking from inside his White House.
If Gou really did tell him 'off the record' about the potential investment, that would make the president a leaker.
Gou said last week that Wisconsin had won the fight to build the first U.S. assembly plant for the electronics giant he founded in a project that's expected to result in billions of dollars in investment in the state and create thousands of jobs in the Midwest.
The project landed in the congressional district of U.S. House Speaker Paul Ryan, thanks to a nudge from President Trump.
'To make such an incredible investment, Chairman Gou put his faith and confidence in the future of the American economy,' Trump said from the White House's East Room. 'In other words, if I didn't get elected, he definitely would not be spending $10 billion.'
Trump grinned at his friend and pulled him in for a handhold as he gave himself credit for the giant investment.
In the East Room for another event today that dealt with business, Trump said Gou is thinking about putting even more money into his US operations.
'The jobs are coming, pouring back, factories are coming pouring back into our country, into our country, jobs are coming back,' Trump said. 'You saw the Foxconn last week, they're going to spend $10 billion, but he's one of the great businessmen of our time, and I think the number is going to be $30 [billion].'
Wisconsin has won the fight to build the first U.S. assembly plant for electronics giant Foxconn in a project that's expected to result in billions of dollars in investment in the state and create thousands of jobs in the congressional district of U.S. House Speaker Paul Ryan, thanks to a nudge from President Trump
Former White House Chief of Staff Reince Priebus, who is from Ryan's congressional district in southeast Wisconsin, told WTMJ-TV last Tuesday that Trump, when flying over the area in Kenosha County during a visit to Wisconsin in April, noticed vacant land where a former Chrysler Motors plant used to be.
'He said, "That land should be used,'' ' Priebus said. 'So when Foxconn came into the White House, into the Oval Office, the president said, "I know a good spot that you should go to, that place in Kenosha.'' '
That part of the state is an attractive location for a large plant because of the area's proximity to Lake Michigan and its abundant water supply. To make flat-panel displays, the company will need access to great quantities of water to keep work spaces dust-free, among other things.
Wisconsin Gov. Scott Walker had given the secret away earlier when he tweeted that Trump planned to make a 'major jobs announcement for Wisconsin.'
Ryan and Walker were both stage Wednesday when Gou announced his company's investment.
Walker said it was the single largest economic investment in the history of Wisconsin and would lead to the