Trump Gets Down to Business on Air Force One, SoftBank

Trump Gets Down to Business on Air Force One, SoftBank
President-elect Donald Trump stands with SoftBank Group Corp. founder and Chief Executive Officer Masayoshi Son in the lobby of Trump Tower in New York on Dec. 6, 2016. TIMOTHY A. CLARY/AFP/Getty Images
The Associated Press
Updated:

NEW YORK—President-elect Donald Trump turned businessman-in-chief on Dec. 6, demanding the government cancel a multibillion-dollar order for new presidential planes and then hailing a Japanese company’s commitment to invest billions in the U.S.

Six weeks before taking office, Trump is telegraphing that he'll take an interventionist role in the nation’s economy, as well as play showman when he sees a chance. The former celebrity businessman’s declaration about Air Force One caused manufacturer Boeing’s stock to drop temporarily and raised fresh questions about how his administration—not to mention his Twitter volleys—could affect the economy.

“The plane is totally out of control,” Trump told reporters in the lobby of Trump Tower. “I think Boeing is doing a little bit of a number. We want Boeing to make a lot of money, but not that much money.” Earlier he had tweeted that the deal’s costs were “out of control, more than $4 billion. Cancel order!”

Not long after his first appearance, Trump returned to the lobby with Masayoshi Son, the CEO of SoftBank, a massive telecommunications company that counts Sprint among its holdings. Trump pointed proudly to Son’s commitment to invest $50 billion in the United States, which Trump said could create 50,000 jobs.

President-elect Donald Trump pauses with Masayoshi Son, the chief executive of SoftBank, at Trump Tower in New York City on Dec. 6, 2016. Trump announced that SoftBank has agreed to invest $50 billion in the United States and create 50,000 new jobs. (Spencer Platt/Getty Images)
President-elect Donald Trump pauses with Masayoshi Son, the chief executive of SoftBank, at Trump Tower in New York City on Dec. 6, 2016. Trump announced that SoftBank has agreed to invest $50 billion in the United States and create 50,000 new jobs. Spencer Platt/Getty Images