Donald Trump to host CEOs on April 30 to showcase their investment commitments

President Donald Trump is set to host CEOs and leaders from various companies that have made significant investments in the US, to highlight their historic commitments, White House Press Secretary Karoline Leavitt announced on Tuesday.

While specific companies attending were not named yet, major firms from sectors such as energy, manufacturing, and technology are expected to participate.

The event comes as Trump continues to pitch his economic agenda, with a focus on reshoring jobs, cutting regulation, and prioritising domestic growth.

A strategic push for US investments

CEOs and senior executives from major global companies, including Nvidia, Johnson & Johnson, Hyundai Motor, Toyota Motor, and SoftBank Group, are scheduled to visit the White House on Wednesday, Reuters reported citing officials.

The event, part of President Donald Trump’s push to promote US investments, will focus on various sectors, including defense, technology, healthcare, and consumer products. The gathering will mark the president’s first 100 days in office, with a major emphasis on encouraging both US and foreign businesses to expand manufacturing within the United States.

Promoting US manufacturing amid global trade tensions

President Trump’s broader strategy includes fostering US manufacturing growth while also navigating a global trade war. Trump has imposed tariffs on a range of countries, including China, sparking concerns from industry. Different sectors have expressed worries about the potential negative impact of the tariffs on US manufacturing and sales. Despite these concerns, the White House aims to highlight investment commitments from top companies as a show of confidence in the US economy under the current administration.

High-profile investment commitments

The White House has already highlighted significant investment commitments from international companies such as Taiwan’s TSMC, Apple, and Roche, which are expected to demonstrate a strong belief in the stability of the US economy. These investments are expected to benefit various industries, including technology and healthcare, and contribute to the US's ongoing economic growth. However, some companies have expressed the need for more clarity on trade policies and government regulations before making substantial investment decisions.

AI and infrastructure investment push

In January, President Trump introduced a private-sector investment initiative aiming to secure up to $500 billion for US infrastructure, specifically in artificial intelligence (AI) development. This initiative is designed to ensure the US outpaces its global competitors in the rapidly advancing AI sector. Notable companies like OpenAI, SoftBank, and Oracle are expected to play key roles in this ambitious project.

Hyundai’s $21 billion investment in the US

One of the notable investment announcements came from Hyundai, which recently pledged to invest $21 billion in the US This investment includes the construction of a new $5.8 billion Hyundai Steel plant in Louisiana. The plant, which will produce over 2.7 million metric tons of steel annually, is expected to create more than 1,400 jobs in the region. This move aligns with Trump’s push to enhance US manufacturing capabilities and bring high-value jobs to American workers.

Trump marks 100 days

On Tuesday, US President Donald Trump marked the first 100 days of his presidency. To celebrate the occasion, Trump will hold a rally in Michigan, a battleground state that helped secure his victory over Vice President Kamala Harris in November. However, as the president celebrates his early achievements, polls indicate a growing disenchantment among Americans regarding the economic and political upheaval his administration has caused.

Trump’s presidency, which is backed by tech billionaire Elon Musk, has drastically reshaped the nation. His administration has aggressively slashed the federal workforce and implemented sweeping tariffs on foreign goods, most notably against China. In addition, the president has pursued a policy of eliminating a significant portion of foreign aid. Despite this, his popularity has taken a hit, with approval ratings falling significantly.

A recent poll by The Washington Post and ABC News revealed that only 39% of Americans approve of Trump’s handling of the presidency, a stark contrast to the usual 50% support most presidents maintain during their first 100 days.