“WH Press Sec Karoline Leavitt: President Trump has secured nearly $10 trillion in new private & foreign investments.”
The Viral Statement
A video of White House Press Secretary Karoline Leavitt has been circulating widely on different social media platforms, in which she declares that President Trump has secured “nearly $10 trillion” in new private and foreign investments. The number, repeated in official White House press releases throughout 2025, has been promoted as proof of unprecedented economic achievement under Trump’s leadership. However, the claim does not hold up to independent scrutiny.
Independent Verification
Fact-checking organizations, including PolitiFact, independent and veriefied sources and CBS News, have reviewed the administration’s claims and concluded that the actual amount of verifiable, documented investment pledges is far lower. Their findings show a total closer to $4–5 trillion less than half of what the administration has claimed. The discrepancy arises from how the White House combines different types of deals into a single headline number, often without clarifying their binding nature or timeline.
Recycled and Inflated Figures
A large share of the $10 trillion cited by the White House is made up of recycled agreements. Multi-billion-dollar commitments from Gulf States such as Qatar and the United Arab Emirates, for instance, were signed before Trump’s current term and later rebranded as “new” achievements. Additionally, the administration includes memorandums of understanding and aspirational pledges, which are non-binding agreements that may never result in actual investments. Experts stress that such announcements cannot be treated as guaranteed inflows of capital.
Another issue is double-counting. Several U.S. corporate reinvestments, particularly in the technology and energy sectors, appear multiple times in the administration’s figures. In many cases, these were pre-existing projects or standard reinvestments in infrastructure that had little to do with government action but were nonetheless presented as part of the $10 trillion total.
Expert Warnings
Economists caution that even when legitimate pledges are included, there is a wide gap between commitments and reality. Most investment projects are scheduled over a decade or more and depend on stable political, economic, and financial conditions. Historical precedent shows that many of these agreements stall, shrink, or fail to materialize altogether. For this reason, independent experts argue that citing such figures as if they represent immediate economic growth is misleading.
The Reality Behind the Numbers
When adjusted for recycled agreements, non-binding memorandums, and double-counting, the credible investment pledges total $4–5 trillion. While still a significant sum, it falls far short of the “nearly $10 trillion” figure used by the White House. The remainder is speculative at best and inflated at worst.
Conclusion
The administration’s repeated references to $10 trillion in new investments serve more as political messaging than as economic reality. Independent evidence shows that less than half of this figure can be verified, with the rest based on recycled or speculative commitments. While the confirmed pledges remain notable, the exaggerated headline risks misleading the public.
At CyberPoe, our mission is to expose misinformation and propaganda by grounding claims in verifiable data. In this case, the numbers don’t lie but they have been misrepresented.
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