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President-elect Donald Trump announced Tuesday that Japan's SoftBank has agreed to invest $50 billion in the U.S., aiming to create 50,000 new jobs.

He announced the deal at Trump Tower after meeting with SoftBank CEO Masayoshi Son.

Trump praised Son as "one of the great men of industry."

Masa (SoftBank) of Japan has agreed to invest $50 billion in the U.S. toward businesses and 50,000 new jobs.... — Donald J. Trump (@realDonaldTrump) December 6, 2016

Masa said he would never do this had we (Trump) not won the election! — Donald J. Trump (@realDonaldTrump) December 6, 2016

On Twitter, Trump claimed that Son said he "would never do this" if Trump had not won the election.

SoftBank has made investments in the U.S. in the past, including paying $22 billion for about 80% of Sprint in 2013, The Wall Street Journal reported.

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