‘The Real Trump Effect’ On Economy

May 9, 2025 Editor, The News-Gazette: On May 4, Mr. David Dax questioned Mike Lowry’s statement regarding $2 trillion in “new manufacturing investments announced since Trump took office,” without sources/evidence. Mr. Dax suggests commentators provide details and sources. Assessing annual reports and public announcements I find the following: Of the $1.1 trillion for Apple, NVIDIA, and Taiwan Semiconductors, Apple announced $430 billion prior to Trump taking office, NVIDIA had already started production in Phoenix with other construction underway and Taiwan Semiconductors first announced on April 8, 2024. All three were incentivized by the 2022 CHIPS Act, about which Mr. Trump has said, “That chip deal is so bad,” but is now taking credit. Stargate’s $500 billion investment has been in development for at least a year.