Trump Says Shipping Line CMA CGM to Invest $20 Billion in US
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President Donald Trump said French shipping giant CMA CGM SA will invest $20 billion in the United States to develop maritime infrastructure, logistics and terminals.
An estimated 10,000 new jobs would be created by the projects, Trump said at an event at the White House alongside CMA CGM Chief Executive Rodolphe Saadé. The investments would be made over four years, the container line said in a subsequent statement.