What did Donald Trump claim about the economy on 2 Apr 2025?
Donald Trump, President of the United States ·
TSMC, the biggest, most important company in the world of chips from Taiwan, with no investment from us, is investing $200 billion.
By Trump's own count a month earlier, TSMC's U.S. investment came to about $165 billion, not $200 billion.
A month earlier, at the White House announcement of TSMC's new $100 billion investment, Trump said it 'brings Taiwan Semiconductor's investment to about $165 billion' (White House, 'Another Historic Investment Secured Under President Trump', Mar. 3, 2025).
Claim vs. the record · Economy
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The claim
- Date
- Where
- Remarks announcing new tariffs in the Rose Garden at the White House.
The record
Primary source (agency statement)