Companies have announced billions in new investments in the United States while President Donald Trump has been traveling and signing deals in the Middle East this week.
The president has traveled to Saudi Arabia, Qatar, and the United Arab Emirates so far this week to sign agreements and receive commitments that will generate roughly $2 trillion in trade and investment. At the same time, major companies have announced plans to invest billions more dollars into the United States.
Those corporate investments include: at least $20 billion over the next five years from the medical company Sanofi, $3 billion by Kraft Heinz to upgrade its U.S.-based manufacturing, a $1 billion investment from the energy company Carrier that will create an estimated 4,000 new jobs, a $300 million investment from Anheuser-Busch to improve the beer-maker’s manufacturing facilities, and a $150 million…