JUST IN: Trump Nabs Massive Economic Victory Before Taking Office

Developers aren’t waiting for President-elect Donald Trump to be sworn into office before showering him with billions of dollars in commitments to rebuild America’s economy.

The Republican leader announced on Tuesday that DAMAC Properties, an Emirati property development company, will be investing $20 billion to build data centers in eight states, including Texas, Arizona, Oklahoma, Louisiana, Ohio, Illinois, Michigan, and Indiana. “They may go double or even more than double that amount of money,” Trump said during a press conference at his Mar-a-Lago residence. “It’s a very great thing,” he continued, adding he believes billionaire CEO Hussain Sajwani is making the commitment “because of the fact that he was inspired by the election. He wouldn’t do it without the election, I can tell you a lot of people wouldn’t.”

The DAMAC commitment is President-elect Trump’s second major economic victory since the election. Last month, he joined Softbank CEO Masayoshi Son in announcing the company’s $100 billion commitment to add 100,000 new jobs focused on artificial intelligence and related infrastructure. The funding will come from Softbank or its subsidiaries, including the Vision Fund or chipmaker Arm Holdings, of which the firm is a majority owner. The billionaire entrepreneur plans to make all investments by the end of Trump’s second term.

“We have many other people, and we’ll bring some of them out,” Trump continued as he teased the possibility of more groundbreaking economic news. “Some of them like to do it somewhat more quietly, some don’t, and some feel so strongly about the country that they want to let people know about it. But it’s an honor… the investment will support massive new data centers across the Midwest, the Sun Belt area, and keep America on the cutting edge of technology and artificial intelligences.”

With a healthy unemployment rate and roaring stock market, President-elect Trump just has to gain consumer confidence to nab a trifecta of economic headwinds as he prepares to take office. In December, both Democrats and Republicans polled and said they remain dour about the state of the economy, the AP reported, but expressed hope that Trump’s return to office will help subside the high prices that have persisted for the past three years. Some of those voters said they remain skeptical of whether tariffs will be the key to lowering the cost of living.

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“Next year, if Trump gets his tariffs, prices are going to go up and things are going to be more costly,” said Karen Claussen, 77, who lives in suburban Columbus, Ohio, and voted for Democrat Kamala Harris in November’s election. “I don’t see any hope right now. No, I’m very worried.”

The addition of manufacturing and 21st-century jobs will help infuse some of the fastest-growing areas of the country with fertile new opportunities for American workers, but left outstanding is a battle over the future of the country’s H1-B visa program. Last month, America First supporters split with Elon Musk and leaders in the tech community after they defended the program as a necessary arm of America’s immigration policy. Conservative activists countered, challenging Musk to invest in schools and training opportunities for Americans to take advantage of burgeoning tech fields like artificial intelligence and electric vehicles.