Overview

• Independent reporting finds the public tracker totals $8.8 trillion in commitments, with no breakdown provided to support the president’s $17 trillion figure.
• Economists say the pledges mark an increase but likely amount to hundreds of billions of dollars, not trillions, with potential long‑term diplomatic and economic costs.
• Several entries on the White House list were previously announced or supported under the 2022 CHIPS and Science Act, including major GlobalFoundries and Micron projects.
• Country figures cited by the administration face disputes or lack details, with South Korea contesting its total, EU documents describing expressions of interest, and Qatar’s number dwarfing its annual GDP.
• Official data show no clear rise in business investment as a share of GDP so far, even as the administration credits tariffs for spurring commitments and Pfizer’s CEO publicly backed tariffs after announcing $70 billion in U.S. investments.