The United States’ gross domestic product is about $30 trillion—roughly a quarter of the world’s total. China’s second, with a GDP of around $19 trillion, followed by a steep drop: Germany at $5 trillion, Japan at $4.3 trillion, and India at $4.1 trillion. Every other nation is below $4 trillion.
So when Trump boasts that he’s secured $17 trillion in domestic investment, it doesn’t pass the smell test. The world doesn’t have that kind of capital sitting around and waiting to be handed to a country that’s spent the past nine months antagonizing its trading partners.
But that doesn’t stop Trump from claiming it.
“‘We have over $17 trillion being invested now in the United States,’ Trump told reporters at the White House on Tuesday,” reported CNN fact-checker Daniel Dale. “On Friday, he sa