Skip to content
Home » FULL TRANSCRIPT: Trump’s Surprise Mar-A-Lago Press Briefing (Dec 16, ’24)

FULL TRANSCRIPT: Trump’s Surprise Mar-A-Lago Press Briefing (Dec 16, ’24)

Read the full transcript of US President-elect Donald Trump’s press conference at Mar-a-Lago, Florida on Monday, December 16, 2024. In this press conference, Trump announced a $100 billion investment in the U.S. on Monday. The investment comes from SoftBank Group, a Japanese technology group. Trump also took questions from reporters on topics that ranged from vaccines, world affairs, UnitedHealthcare CEO Brian Thompson’s killing, and drones.

Listen to the audio version here:

TRANSCRIPT:

SoftBank Invests $100 billion in America

DONALD TRUMP: Thank you very much. So it’s an honor to be with you. We’ll discuss a couple of points. We’ll take some questions later if you’d like. I’m sure you might have one or two. I’d be shocked if you didn’t. I’d be very impressed.

But I’m honored to welcome one of the most accomplished business leaders of our time, the founder and CEO of SoftBank, everybody knows, Masayoshi Son. Masa runs one of the largest companies in Japan and among the most successful investment and technology companies anywhere in the world, one of the most successful investors in the world. And we’ve just concluded a very productive meeting, and today I’m thrilled to announce that SoftBank will be investing $100 billion in America, creating 100,000 American jobs at a minimum. And he’s doing this because he feels very optimistic about our country since the election. And many other people are also coming in with tremendous amounts of money.

You probably noticed that the poll was just taken. Business is literally, in 39 years, there’s been nothing like it. It’s been the biggest increase. All business owners gave it a 41 percent jump. It’s the biggest jump that we’ve had in 39 years. Nobody’s ever seen anything like it. And it’s just a very optimistic.

This historic investment is a monumental demonstration of confidence in America’s future, and it will help ensure that artificial intelligence, emerging technologies, and other industries of tomorrow are built, created, and grown right here in the USA.

One of the beautiful things about Masa is he’s very much involved with emerging technology, probably knows it maybe better than almost anybody. So it’s a great honor. And some of you remember after the 2016 election, also SoftBank committed to invest $50 billion in our country, and they did, and I am very pleased to say that they kept that promise in every way, shape, and form. And now they’re looking to do 100. And I’ve looked at their books. They do have the possibility of doing more. I’m going to ask them to do a little bit more, but first I’m going to ask them to speak, and just to say a few words. Masa, please. Thank you.

Masayoshi Son Speaks

MASAYOSHI SON: Thank you so much. I’m very, very excited. I would really like to celebrate the great victory of President Trump. And my confidence level to the economy of the United States has tremendously increased with his victory. So because of that, I’m now excited to commit this $100 billion and 100,000 jobs into the United States. This is double of last time, as President Trump said. Because I say, oh, President Trump is a double-down president. I’m going to have to double down, you know, $100 billion and 100,000 jobs. This is, you know, my confidence level because that has doubled down.

So I am truly excited to make this happen. And, of course, business is important. Technology is important. But one more thing I’m really hoping is that this President Trump would make the world, bring the world into peace again. That’s my additional hope. And I think he will actually make it happen. So, anyway, I’m excited to go. And we were discussing, and President Trump said, “Masa, you know, double-down is not enough. Maybe, you know, go for more, right?”

DONALD TRUMP: I’m going to ask him right now. Would you make it $200 billion instead? He can actually, believe it or not, he can actually afford to do that. Would you do that?

MASAYOSHI SON: Well, my promise is 100, but, you know, he’s now asking to do more. I think, you know, with your leadership, my partnership with you, with your support, I will try to make it happen.

DONALD TRUMP: All right. $200 billion. He’ll make it. $200 billion investment.

MASAYOSHI SON: He is a great negotiator.

DONALD TRUMP: He’s a brilliant guy and an unbelievable job. And the people of Japan and all over the world are very proud of him. They have tremendous respect for him. So, what he does, what he just did, and I would be surprised if it wasn’t him going to do it. When you say you’ll try, I know you’ll do it.

MASAYOSHI SON: I will really try. And I need your support also.

DONALD TRUMP: You’ll have my support.

MASAYOSHI SON: All right.

DONALD TRUMP: We have our country’s support.

DONALD TRUMP: Oh, fantastic.

MASAYOSHI SON: Thank you, Mr. President. Fantastic. Thank you.

DONALD TRUMP: What would you like to say to the people of Japan who are all watching?

MASAYOSHI SON: Well, I’m sure our people in Japan are proud to make the partners of the U. S. and Japan be stronger. And I’m very excited to make this happen. Thank you very much. Thank you.

Trump’s Remarks

DONALD TRUMP: Thank you. It’s amazing. It’s a great gentleman, a great leader, and a great investor. So, to have that offer made. And we have so many companies coming in now that will be announcing or that will announce themselves. We don’t have to be with them to do it. But they’ll be announcing.

And, as I said, small business optimism took a 41-point jump. Forty-one points. It went up 41 points. That’s unheard of. And that’s the biggest they think in recorded history, but they know at least a minimum of 39 years, so that’s great.

But on behalf of the American people, I want to thank Masa for his faith in what’s happening with our country and what’s happening with the world.