Trump announces SoftBank plans to invest $100bn in US projects

President-elect vows investment will result in 100,000 new jobs despite history of jobs plans not panning out

Donald Trump claimed to have notched up the first economic success of his forthcoming second presidency on Monday by announcing a $100bn investment by the Japanese company, SoftBank, which he said would be completed during his four-year presidency.

The president-elect has a history of headline-grabbing job announcements – not all of which pan out successfully.

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