Trump admits he can't tell if the GOP will control the House after next year's elections. 'I don't know when all of this money is going to kick in' | Fortune
Briefly

Trump admits he can't tell if the GOP will control the House after next year's elections. 'I don't know when all of this money is going to kick in' | Fortune
"In an interview with the Wall Street Journal that was published late Saturday, he pointed to massive investment pledges that he's secured since returning to the White House. But when asked if Republicans will lose control of the House in next year's midterm elections, Trump replied, "I can't tell you. I don't know when all of this money is going to kick in," adding that forecasts say the second quarter."
"Trump has previously touted as much as $21 trillion of investments pouring into the U.S., though recent commitments don't come close to adding up to such levels. Still, under trade deals Trump has negotiated, the European Union has vowed $600 billion in investment, Japan $550 billion, and South Korea $350 billion. Separately, Saudi Arabia has promised $1 trillion. Companies have also announced plans to invest hundreds of billions of dollars, though some of that includes money planned during the Biden administration."
Trump pointed to massive investment pledges secured since returning to the White House but expressed uncertainty about when the money will materialize and whether it will affect the 2026 midterms. He has touted as much as $21 trillion, though recent commitments fall far short of that figure. Under negotiated deals the EU pledged $600 billion, Japan $550 billion, South Korea $350 billion, and Saudi Arabia $1 trillion, while companies announced hundreds of billions more. Apple’s $600 billion plan aims to spur U.S. manufacturing. Wall Street expects tax cuts from the One Big Beautiful Bill Act to boost growth, while voters prioritize affordability amid higher living costs.
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