As a focus About the economic consequences From U.S. tariffs on major trading partners, President Trump is highlighting what he is talking about is the main benefits of strengthening import tariffs: investments in U.S. companies

The White House announced a website on Wednesday to track U.S. and foreign companies that have announced investments in U.S. manufacturing and other projects since Trump’s second term began. The so-called investment tracker currently lists 47 projects involving the scale of financial commitments of 50 companies.

"Since President Donald J. Trump's return to office, his U.S. first economic policy has sparked trillions of new investments in U.S. manufacturing, technology and infrastructure," the website noted.

Technology and artificial intelligence project a list of investment commitments. SoftBank, OpenAI and Oracle have pledged to spend $500 billion on a February initiative to build an AI data center in the U.S. and say plans to spend more than $500 billion Establish a new factory and expand existing plants in nine states. Nvidia said earlier this month Half a trillion dollars Establish domestic factories to make them an AI supercomputer in the United States

The White House mocked the investment tracker in a press release Tuesday, listing new U.S. investments in the U.S. during Trump’s second term, calling planned spending the “Trump effect.”

The new website debuted as federal data showed on Wednesday The U.S. economy shrinks by 0.3% Concerns about Mr. Trump’s protectionist trade policy have increased in the first three months of this year.

Mr. Trump touted tariffs to promote U.S. manufacturing, ensure fairer trade deals with other countries and generate federal revenue.