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Trump to tout US investments from Nvidia, J&J, Hyundai, Toyota
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Trump to tout US investments from Nvidia, J&J, Hyundai, Toyota
May 25, 2025 8:27 PM

WASHINGTON, April 28 (Reuters) - CEOs and other

executives from Nvidia ( NVDA ), Johnson & Johnson ( JNJ ),

Toyota Motor ( TM ), Eli Lilly ( LLY ) and SoftBank Group

are among the more than two-dozen senior business

leaders slated to visit the White House on Wednesday as part of

an event highlighting U.S. investments, officials told Reuters.

President Donald Trump plans to promote a broad range of

investments in the United States in defense, tech, healthcare

and consumer products industries and investment funds marking

his first 100 days in office, a White House official told

Reuters, confirming a Bloomberg News report.

Trump has sought to tout new investments despite concerns

about new tariffs from major U.S. businesses. Airlines,

aerospace firms, automakers and retailers have expressed worries

about the impact of tariffs on U.S. manufacturing and sales.

Some major companies have said they want more details on

trade and other government regulations before committing to new

investments. Trump has said General Motors ( GM ) is considering

a new $60 billion investment in the United States.

"I need clarity, and then I need consistency," GM CEO Mary

Barra said at a Semafor forum last week. "To make those

investments and to be good stewards of our owner's capital, I

need to understand what the policy is."

Trump has said he is considering granting automakers some

relief from new auto tariffs.

Trump in January announced a private-sector investment of up

to $500 billion to fund infrastructure for artificial

intelligence, aiming to outpace rival nations in the

business-critical technology. That is expected to include

ChatGPT's creator OpenAI, SoftBank and Oracle.

Last month, South Korea's Hyundai Motor ( HYMTF )

announced a $21 billion investment in the United States at the

White House, including a new $5.8 billion Hyundai Steel

plant in Louisiana that will produce over 2.7

million metric tons of steel annually, creating more than 1,400

jobs.

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