Political News

Donald Trump Made a Deal With Sprint

On Wednesday, Donald Trump made a deal with Sprint. He took credit for Sprint adding 5,000 jobs in the United States as he continues to focus on keeping jobs in the United States.

Sprint later confirmed that this was part of a previous announcement by Japan’s SoftBank. SoftBank owns a controlling stake in Sprint. They are going to invest $50 billion in the United States and create 50,000 jobs. This announcement was made by Masayoshi Son, who is the chief executive of SoftBank. This announcement came shortly after he had a meeting with Donald Trump.

SoftBank also is an investor of OneWeb. Mr. Trump also stated that they will be adding 3,000 more jobs in the United States.

Donald Trump Made a Deal with Sprint

Donald Trump Made a Deal With Sprint

In November, Trump reached a deal with Carrier to keep jobs in the United States. This agreement kept 850 jobs at the Carrier factory in Indiana, instead of moving them to Mexico. The company was set to move those jobs to Indiana in February.

Still, other companies are looking to take their jobs to other countries. The company Rexnord, which makes ball bearings, has a factory in Indiana and is looking to take their jobs to Mexico. As a result, they have received criticism from President-elect Trump. Despite the high tariffs they will be paying, they are still set on taking their jobs to Mexico. Trump took aim at Rexnord on Twitter as a result of them taking their jobs to Mexico and out of the United States.

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