President-elect Donald Trump on Tuesday boasted a new $20 billion foreign investment to build new data centers, blasted the Biden administration for its final policies and promised to reverse a new offshore drilling ban.
In his first press conference of the new year, Trump called the new foreign investment from property development company DAMAC Properties an example of business growth spurred by his election. It “underscores that many of the greatest business leaders on Earth are seeing a very bright future for America,” he said.
Trump said he is “inheriting a difficult situation” from President Joe Biden, who has publicly pledged to conduct a smooth transition. “They’re trying everything they can to make it more difficult,” citing Biden’s decision to ban all future offshore drilling in parts of the Atlantic and Pacific oceans.
Trump pledged to immediately reverse the ban.
“We will drill, baby, drill,” Trump added.
