‘Who suffered the most?’: Fear and fatigue in Kashmir after ceasefire

Srinagar, Indian-administered Kashmir — On Saturday morning at Fateh Kadal, a densely packed neighbourhood on the sloping embankment of the Jhelum river in Srinagar, Indian-administered Kashmir’s largest city, 62-year-old Hajira wrapped a cotton scarf with a brown paisley design around her shoulders.

With her face muscles tense and sweat beading across her upper lip, she sat on the cement floor of a government-run grains store.

“Can you make it quick?” she called to the person manning the store.

Hajira comes to the store every month to submit her biometric details, as required by the government to secure the release of her monthly quota of subsidised grains, which her family of four depends on.

But this time was different. The past few days have been unprecedented for residents of Indian-administered Kashmir. Drones hovered overhead, airports were shut down, explosions rang out, people were killed in cross-border fire and the region prepared for the possibility of an all-out war.

“He made me stand in the queue,” she said, flinching from knee pain, referring to the store operator. “But there’s uncertainty around. I just want my share of rice so I can quickly return. A war is coming.”

Then, on Saturday evening, Hajira breathed a sigh of relief. United States President Donald Trump announced that he had succeeded in mediating a ceasefire between India and Pakistan.

“I thank Allah for this,” Hajira said, smiling sheepishly. “Perhaps he understood that I didn’t have the means to endure the financial hardship that a war-like situation would have caused.”

On Sunday morning, Trump went a step further, saying in a post on his Truth Social platform that would try to work with India and Pakistan to resolve their longstanding dispute over Kashmir, a region both countries partly control, but where they each claim the part the other administers.

Political analyst Zafar Choudhary, based in the city of Jammu in southern Indian-administered Kashmir, told Al Jazeera that New Delhi would not be happy about Trump’s statement. India has long argued that Pakistan-sponsored “terrorism” is the primary reason for tensions between the nuclear-armed neighbours.

However, “Trump’s offer underlines the fact that Kashmir remains central to India-Pakistan confrontations”, Choudhary said.

And for Kashmiris, the hope stemming from the fragile pause in fighting between India and Pakistan, and Trump’s offer to mediate talks on Kashmir, is tempered by scepticism borne from a decades-long, desperate wait for peace.

A Kashmiri family watches as projectiles fly over the sky in Indian-administered Kashmir, Saturday, May 10, 2025 [Rafiq Maqbool/AP Photo]

‘Never been more frightened’

Hundreds of thousands of Kashmiris stood in the direct line of fire between India and Pakistan in recent days.

As the neighbouring nations launched missiles and drones at each other, communities in Indian-administered Kashmir near the de-facto border with Pakistan also witnessed cross-border shelling on a scale unseen in decades, triggering an exodus of people towards safer locations.

The shadow of conflict has stalked their lives for nearly four decades, since an armed rebellion first erupted against the Indian government in the late 1980s. Then, in 2019, the government scrapped Indian-administered Kashmir’s semi-autonomous status amid a huge security crackdown – thousands of people were imprisoned.

On April 22, a brutal attack by gunmen on tourists at Pahalgam left 26 civilians dead, shattering the normalcy critics had accused India of projecting in the disputed region.

Since then, in addition to a diplomatic tit-for-tat and missile exchanges with Pakistan, the Indian government has intensified its crackdown on Indian-administered Kashmir.

It has demolished the homes of rebels accused of links to the Pahalgam attack, raided other homes across the region and detained approximately 2,800 people, 90 of whom have been booked under the Public Safety Act, a draconian preventive detention law. The police also summoned many journalists and detained at least one for “promoting secessionist ideology”.

By Sunday, while a sense of jubilation swept through the region over the ceasefire, many people were still cautious, doubtful even, about whether the truce brokered by Trump would hold.

Just hours after both countries declared a cessation of hostilities, loud explosions rang out in major urban centres across Indian-administered Kashmir as a swarm of kamikaze drones from Pakistan raced across the airspace.

Many residents raced to the terraces of their apartments and homes to capture videos of the drones being brought down by India’s defence systems, a trail of bright red dots arcing across the night sky before exploding in midair.

As part of the emergency protocols, the authorities turned off the electricity supply. Fearing that the debris from drones would fall on them, residents ran for safety. The surge of drones through the night skies also touched off sirens, triggering a sense of dread.

“I don’t think I have ever been more frightened before,” said Hasnain Shabir, a 24-year-old business graduate from Srinagar. “The streets have been robbed of all their life. If the prelude to war looks like this, I don’t know what war will look like.”

A group of Kashmiri villager women wait for transportation as they leave following overnight shelling from Pakistan at Gingal village in Uri district, Indian controlled Kashmir, Friday, May 9, 2025. (AP Photo/Dar Yasin)
A group of Kashmiri women wait for transportation to leave the area after overnight shelling from Pakistan at Gingal village in the Uri district, Indian-administered Kashmir, Friday, May 9, 2025 [Dar Yasin/AP Photo]

A fragile ceasefire

Hours after the ceasefire was announced on Saturday, India accused Pakistan of violating the truce by shelling border regions. Residents across major towns in Kashmir were on their toes, once again, after drones reappeared in the skies.

One of the worst-affected places in Kashmir these days is Uri, a picturesque town of pear orchards and walnut groves close to India’s contested border with Pakistan.

The village is surrounded by majestic mountains through which the Jhelum river flows. It is the final frontier on the Indian-administered side before the hills pave the way to Pakistan-administered Kashmir.

Parts of Uri saw intense shelling, forcing the residents to leave their homes and look for safety. On May 8, officials told Al Jazeera that a woman, Nargis Bashir, was killed in her car as she and her family tried to flee the border region, like thousands of others, after flying shrapnel tore through the vehicle. Three of her family members were wounded.

Muhammad Naseer Khan, 60, a former army serviceman, was huddling in his room when Pakistani artillery fire hit a nearby military post, with metal shrapnel shards blasting through the walls of his house. “The blast has damaged one side of my home,” Khan said, wearing a traditional blue shirt and a tweed coat.

“I don’t know if this place is even liveable,” he said, his bright blue eyes betraying a sense of fear.

Despite the ceasefire, his two daughters and many others in his family who had left for a relative’s house, away from the disputed border, are sceptical about returning. “My children are refusing to return. They have no guarantee that guns won’t roar again,” he said.

Suleman Sheikh, a 28-year-old resident in Uri, recalled his childhood years when his grandfather would talk about the Bofors artillery gun stationed inside a military garrison in the nearby village of Mohra.

“He told us that the last time this gun had roared was in 1999, when India and Pakistan clashed on the icy peaks of Kargil. It is a conventional belief here that if this gun roared again, things are going to get too bad,” he said.

That’s what happened at 2am on May 8. As the Bofors gun in Mohra prepared to fire ammunition across the mountains into Pakistan, Sheikh felt the ground shaking beneath him. An hour and a half later, a shell fired from the other side hit an Indian paramilitary installation nearby, making a long hissing noise before striking with a thud.

Hours after Sheikh spoke to Al Jazeera for this report, another shell landed on his home. The rooms and the portico of his house collapsed, according to a video he shared with Al Jazeera.

He had refused to leave his home despite his family’s pleas to join them. “I was here to protect our livestock,” Sheikh said. “I didn’t want to leave them alone.”

Unlike the rest of the Kashmir Valley, where apple cultivation brings millions of dollars in income for the region, Uri is relatively poor. Villagers mostly work odd jobs for the Indian Army, which maintains large garrisons there, or farm walnuts and pears. Livestock rearing has turned into a popular vocation for many in the town.

“We have seen the firsthand experience of what war feels like. It is good that the ceasefire has taken place. But I don’t know if it will hold or not,” Sheikh said, his face downcast. “I pray that it does.”

People walk at a open market, day after the ceasefire between Indian and Pakistan in Srinagar, in Indian controlled Kashmir, Sunday, May 11, 2025.(AP Photo/Mukhtar Khan)
People walk at a open market, a day after the ceasefire between India and Pakistan in Srinagar, in Indian-administered Kashmir, Sunday, May 11, 2025 [Mukhtar Khan/AP Photo]

‘How long must this continue?’

Back in Srinagar, residents are slowly returning to the rhythm of their daily lives. Schools and colleges continue to remain closed, and people are avoiding unnecessary travel.

The scenes of racing drone fleets in the skies and the accompanying blasts are seared into public memory. “Only in the evening will we come to know whether this ceasefire has held on,” said Muskaan Wani, a student of medicine at Government Medical College, Srinagar, said on Sunday.

It did, overnight, but the tension over whether it will last remains.

Political experts attribute the general scepticism about the ceasefire to the unresolved political issues in the region  – a point that was echoed in Trump’s statement on Sunday, in which he referred to a possible “solution concerning Kashmir”.

“The problem to begin with is the political alienation [of Kashmiris],” said Noor Ahmad Baba, a former professor and head of the political science department at the University of Kashmir.

“People in Kashmir feel humiliated for what has happened to them in the last few years, and there haven’t been any significant efforts to win them over. When there’s humiliation, there is suspicion.”

Others in Indian-administered Kashmir expressed their anger at both countries for ruining their lives.

“I doubt that our feelings as Kashmiris even matter,” said Furqan, a software engineer in Srinagar who only gave his first name. “Two nuclear powers fought, caused damage and casualties at the borders, gave their respective nations a spectacle to watch, their goals were achieved, and then they stopped the war.

“But the question is, who suffered the most? It’s us. For the world, we are nothing but collateral damage.”

Furqan said his friends were sceptical about the ceasefire when the two countries resumed shelling on the evening of May 10.

“We all already were like, ‘It is not gonna last,’” he said, “And then we heard the explosions again.”

Muneeb Mehraj, a 26-year-old resident of Srinagar who studies management in the northern Indian state of Punjab, echoed Furqan.

“For others, the war may be over. A ceasefire has been declared. But once again, it’s Kashmiris who have paid the price – lives lost, homes destroyed, peace shattered,” he said. “How long must this cycle continue?”

US, China hail ‘substantial progress’ made in tariff talks in Geneva

Beijing and Washington have both hailed the progress made at the end of a weekend of closed-door discussions in Switzerland aimed at de-escalating trade tensions sparked by US President Donald Trump’s aggressive worldwide tariff rollout in March and China’s retaliation.

Following the talks on Sunday at the Geneva villa of the Swiss ambassador to the United Nations, US Treasury Secretary Scott Bessent told reporters: “I’m happy to report that we’ve made substantial progress between the United States and China in the very important trade talks.”

“The talks were productive,” he added.

Trade Representative Jamieson Greer, who also took part in the two days of closed-door talks with Chinese Vice Premier He Lifeng, said that the differences between the sides were “not so large as maybe thought”.

He Lifeng also lauded what he called “important progress” in the trade talks with the US.

Speaking to reporters in Geneva, he said the atmosphere of the talks with Bessent and Greer had been candid, in-depth, and substantive, echoing similar language from the US delegation.

Both countries said they would put out a joint statement on the talks on Monday.

After the first day of negotiations, Trump had posted on his social network Truth Social that the discussions had been “very good”, describing them as “a total reset negotiated in a friendly, but constructive, manner”.

Beijing had yet to comment Sunday, but on Saturday, Chinese state news agency Xinhua described the talks as “an important step in promoting the resolution of the issue”.

The Chinese delegation was expected to speak to the media on Sunday evening.

The meetings marked the first time that senior officials from the world’s two largest economies have met face-to-face to tackle the topic of trade since Trump slapped steep new levies on China last month, sparking a robust retaliation from Beijing.

“The talks reflect that the current state of the trade relations with these extremely high tariffs is ultimately in the interests of neither the United States nor China,” Citigroup global chief economist Nathan Sheets told news agency AFP. He called the tariffs a “lose-lose proposition”.

The tariffs imposed by Trump on the Asian manufacturing giant since the start of the year currently total 145 percent, with cumulative US duties on some Chinese goods reaching a staggering 245 percent.

Keeping expectations low

In retaliation, China put 125-percent tariffs on US goods.

Ahead of the meeting, Trump signalled he might lower the tariffs, suggesting on social media that an “80% Tariff on China seems right!”

However, his press secretary Karoline Leavitt later clarified that the US would not lower tariffs unilaterally, as China would also need to make concessions.

Going into the meeting, both sides played down expectations of a major change in trade relations.

Bessent underlined a focus on “de-escalation” and not a “big trade deal”, while Beijing insisted that the US had to ease tariffs first.

The fact that the talks are even happening “is good news for business, and for the financial markets”, said Gary Hufbauer, a senior non-resident fellow at the Peterson Institute for International Economics.

But Hufbauer cautioned that he was “very sceptical that there will be any return to something like normal US-China trade relations”. Even a tariff rate of 70 to 80 percent would still potentially halve bilateral trade, he said.

Among some of the more moderate Trump officials, such as Bessent and US Commerce Secretary Howard Lutnick, “there’s a realisation that China is better equipped to deal with this trade war than the US”, said Hufbauer.

The Geneva meeting comes after Trump unveiled a trade agreement with the United Kingdom on Thursday, the first deal with any country since he unleashed his blitz of global tariffs, but which maintains a 10-percent baseline levy on most British goods.

Following the US-UK trade announcement, analysts have voiced pessimism about the likelihood that negotiations will lead to any significant changes in the US-China trade relationship.

In his Truth Social post, Trump claimed the talks had made “GREAT PROGRESS!!”

Hamas says it will release US-Israeli captive Edan Alexander

Hamas has said it will release a US-Israeli captive held in Gaza, as the group confirmed it was engaged in direct talks with the United States towards securing a ceasefire in the war-ravaged enclave and getting aid flowing again to a suffering Palestinian population.

The Palestinian group released a statement on Sunday: “Israeli soldier Edan Alexander, a dual US national, will be released as part of efforts towards a ceasefire” and the reopening of aid crossings. Israel has blocked all aid, including food, medicine and fuel, for 70 days.

The Hamas statement did not indicate when the 21-year-old Alexander would be released, but it is thought to be in the coming 48 hours.

Israeli media reported that US envoy Steve Witkoff will be in Israel on Monday as part of the deal.

It comes shortly before US President Donald Trump’s visit to the Middle East this week – which does not include a trip to Israel. Trump and Witkoff have frequently mentioned Alexander by name in the past few months.

In its statement on Sunday, Hamas said it was willing to “immediately begin intensive negotiations” that could lead to an agreement to end the war and would see Gaza under a technocratic and independent administration.

“This will ensure calm and stability for many years, along with reconstruction and the end of the blockade,” the group said.

There was no immediate comment from Trump administration.

Prime Minister Benjamin Netanyahu’s office said on Sunday that the US told Israel that Hamas’ freeing of Alexander would lead to negotiations for the release of more captives. The statement added that Israel’s policy hasn’t changed: negotiations will be conducted under fire with a continued commitment to achieving all war objectives.

Alexander, who grew up in the US, was taken from his military base during the October 7, 2023 Hamas-led attack.

Earlier on Sunday, two Hamas officials told the AFP news agency that talks were ongoing in the Qatari capital of Doha with the US and reported “progress” had been made.

One Hamas official, speaking about the talks with the US, said there was “progress made … notably on the entry of aid to the Gaza Strip” and the potential exchange of captives for Palestinian prisoners in Israeli custody.

A second official also reported progress “on the ceasefire in the Gaza Strip”.

Israel shattered the last ceasefire, which lasted two months, on March 18, launching a major offensive in Gaza and ramping up its bombardment of the territory.

It has also cut off all aid to Gaza since March 2, saying it would pressure Hamas to release the remaining captives. None have been released since the fleeting truce earlier this year when several were exchanged for Palestinian prisoners.

Starvation has taken hold across Gaza due to the Israeli blockade.

Earlier this month, the Israeli government approved plans to expand its offensive in the Gaza Strip, with officials talking of retaining a long-term presence there.

What can be learned from the latest conflict between India and Pakistan?

A tense ceasefire holds days after the most intense hostilities in decades.

Feelings of relief and hope are sweeping India and Pakistan.

The latest flare-up in hostilities that killed at least 60 people across the two countries has come to a dramatic halt after four days.

Nearly 30 countries including the United States are reported to have been involved in getting the ceasefire agreed.

The administration of US President Donald Trump, which announced the truce, has proposed a new round of talks at a neutral venue to try and end the bitter rivalry.

A dispute over divided Kashmir, India’s accusation that Pakistan is backing terrorist attacks inside its territory, and differences over the sharing of river water are all issues that have been festering for decades.

So are both sides at last ready to negotiate?

Presenter: Cyril Vanier

Guests:

Walter Ladwig – Senior lecturer in International Relations at King’s College London

Elijah Magnier – Military and political analyst

Israel attacks Yemen’s Hodeidah, striking port areas

Israel has launched air attacks on Yemen’s Hodeidah governorate, according to the Houthi Interior Ministry.

The attack late on Sunday came after the Israeli army said it had  warned those present at three Houthi-controlled ports in the area to evacuate

The attack on Sunday night was the latest salvo in exchanges between Israel and the Houthis.

Israel bombed the Hodeidah port after a Houthi attack near Ben Gurion airport in Tel Aviv earlier this month.

Israeli strikes have also targeted parts of the Yemeni capital Sanaa and the main international airport.

Fact-checking Trump’s claim of securing $10 trillion in investments for US

Since returning to the White House, US President Donald Trump has touted corporate and foreign US investment announcements as proof he is ushering in “the golden age of America”.

On January 21, Trump said that before he’d finished the “first full business day” of his second term, the United States had “already secured nearly $3 trillion of new investments”.

On April 2, he said, “It looks like we’re going to have about $6 trillion of investments”. Six days later, Trump told National Republican Congressional Committee Dinner attendees that the investment total was “now revised up to about $7 (trillion)”.

During an April 30 NewsNation town hall, Trump speculated that “it could be more than $8 trillion”.

On May 4, Trump told Kristen Welker, the host of the NBC News programme Meet the Press, “I think we probably have close to $9 trillion of investments coming into this country.”

On May 6, Trump told reporters, “I think the real number could be $9 or $10 trillion.”

Finally, on May 8, Trump said, “We have now close to $10 trillion — think of that, $10 trillion” in investments. “We’re talking about essentially two months.”

That’s far beyond the figures the White House has released publicly.

We tallied the White House’s public lists of investments; they amount to $2.1 trillion in corporate investments, or at most $5.1 trillion when including promised investments from other countries. Experts cautioned that the promised corporate investments are not guaranteed to materialise in full, or during Trump’s presidency, and some of them would have occurred regardless of who was president.

Trump isn’t the first to overstate new investments on his watch. Outgoing US President Joe Biden said in 2024 that his bipartisan CHIPS and Science Act had attracted $640bn in private investments; economists told PolitiFact that Biden’s numbers were based on what companies had announced, which is not the same as dollars already spent.

Roman V Yampolskiy, a University of Louisville professor and a specialist in artificial intelligence, which dominates the promised investments Trump cited, said, “Historically, large-scale investment announcements often overpromise and underdeliver. There is a performative element to them, especially in politically charged contexts. They function as political theatre as much as economic commitment.”

White House lists do not match Trump’s words

Since Trump’s inauguration, the White House has publicised investment announcements from three countries and roughly 60 companies on its website, including in a “non-comprehensive running list”. Many of the highest-dollar corporate announcements were in March and April.

Corporate announcements in the White House’s lists total approximately $2.1 trillion worth of US investment.

The White House separately has cited commitments from the United Arab Emirates to invest $1.4 trillion over the next 10 years; from Japan to “boost” its investment in the US to $1 trillion; and from Saudi Arabia to invest $600bn in the US during Trump’s presidency. Combined with the corporate announcements, these bring the total to about $5.1 trillion, $4.9 trillion short of Trump’s figure.

But the $5.1 trillion total has caveats. For example, the White House said “Japan announced a $1 trillion investment in the US”, but the article it linked said in 2023, Japan’s US investment was $783.3bn and Japan would “boost” that to $1 trillion. That’s an increase of $216.7bn rather than a new $1 trillion investment. That would put the total value of newly pledged US investment at about $4.3 trillion.

Trump’s second-term White House tally of US investments 

The White House figures can’t easily be used for apples-to-apples comparisons. Some of the investments are planned over Trump’s four-year term, others over five years or a decade. In one case – ADQ and Energy Capital Partners’ planned $25bn investment — it isn’t limited to US-based projects.

The White House declined to detail additional investments. A spokesperson pointed to federal Bureau of Economic Analysis data that shows a 22 percent increase in business investment in the first quarter of 2025, calling it a historic increase.

However, experts cautioned this increase was shaped by businesses stocking up on inventory before Trump’s tariffs take effect and said the increase is unlikely to be sustained.

Many of the announcements are aspirational, experts say

Experts told PolitiFact that each of the five biggest investments on Trump’s list warrants some caution, because they might not reach Trump’s cited dollar amounts or were not solely prompted by Trump’s policies.

“Many of these announcements, particularly those in the AI and semiconductor sectors, appear to be, at least in part, aspirational in nature,” Yampolskiy said. “They serve a signalling function: to attract investor attention, shape policy discourse, and secure favourable regulatory or funding environments.”

The five largest company investments collectively account for 82 percent of the dollar value on the White House’s corporate list.

Five companies accounting for the majority of new investment promises are:

Stargate

The Stargate Project is an artificial intelligence collaboration among OpenAI, Oracle and SoftBank, announced during a January 21 White House event. The White House values the investment at $500bn.

The company’s official announcement says $100bn will be invested “immediately” and that it “intends to invest” a total of $500bn over the next four years, a goal repeated by SoftBank CEO Masayoshi Son at the White House event.

“Whether that much will ultimately get spent remains to be seen,” wrote John Higgins, chief economist at Capital Economics, an international consulting firm.

Enrique Dans, who studies technology and policy at Madrid’s IE Business School, said the $500bn figure is “astronomical – roughly 2 percent of US gross domestic product – and lacks clear documentation”.

At the White House event, OpenAI CEO Sam Altman said, “We wouldn’t be able to do this without you, Mr President.” But Altman had been discussing plans for a $100bn investment 10 months before Trump won his second term, The Washington Post reported, including an Abilene, Texas, data centre that began construction in summer 2024.

“AI investments have been on a global trajectory driven by technological maturity and competitive pressure, especially from China,” Dans said. “Any US president would have seen a surge.”

Nvidia

Nvidia Corp, another AI company, said it plans to invest up to $500bn in US infrastructure over the next four years. Previously, Nvidia manufactured most of its chips in Taiwan.

“It is unlikely Nvidia would have moved any production to the US if it was not for pressure from the Trump administration,” Gil Luria, an analyst with the financial services firm D.A. Davidson, told Reuters. However, Luria added, “The half a trillion number is likely hyperbole.”

Dans said that although tax cuts from Trump’s first term have benefited the company’s focus on US-based efforts, “the core growth likely would have occurred anyway”, regardless of the president.

Apple

On February 24, days after Apple’s CEO, Tim Cook, met with Trump, the consumer electronics giant announced it plans to spend “more than $500bn in the US over the next four years.”

Analysts have expressed scepticism that this represents new investment. Dans called the investment “simply more of what [Apple] already does,” from “day-to-day activities with thousands of suppliers in all 50 states to the operation of its domestic data centres, as well as its investments in Apple TV+ and other projects already manufactured in the country.”

In a note to investors, David Vogt, an analyst with the Swiss-based bank UBS, wrote, “Call us a sceptic. … We believe [the figure] lacks substance.”

IBM

IBM announced April 28 plans to invest $150bn in the US, including more than $30bn in research and development on US-based manufacturing of mainframe and quantum computers.

This is “not clearly Trump-related,” Dans said. “IBM’s strategy pivots have been under way since the 2010s.”

Luria said, “While we believe IBM will continue to invest in the emerging area of quantum technology, the bombastic figure is more likely a gesture towards the US administration,” Reuters reported.

Taiwan Semiconductor Manufacturing

Taiwan Semiconductor Manufacturing Co, which makes semiconductors for computing and electronics, has pledged to spend $100bn in the US. Analysts said this number is the most well-supported among the investments that Trump cites. Although bringing semiconductor production back to the US began during Trump’s first term, it was “greatly accelerated by” Biden’s CHIPS and Science Act, which prompted years of investment before Trump’s second term, Dans said.

Over the past five years, the company has spent at least $65bn on fabrication facilities near Phoenix, Arizona, funded in part by $6.6bn from the CHIPS and Science Act.

Overall, Dans said, “Trump might deserve some partial credit for setting a more aggressive tone on economic nationalism and supply chain reshoring, and for lowering the corporate tax reform, which did affect repatriation and some investment decisions. But most of these trends — the AI boom, the semiconductor reshoring, the cloud computing infrastructure — are long-term structural shifts that predate Trump and will continue regardless of who is in office.”

Our ruling

Trump said, “We have now close to $10 trillion, think of that, $10 trillion” in investments. “We’re talking about essentially two months.”

The White House has pointed to investment announcements totalling $5.1 trillion, including $2.1 trillion from companies and the rest from countries.

That’s at least $4.9 trillion short of Trump’s figure, and these announcements represent future spending, some of which is planned over four years, five years or a decade.

Experts said many of the dollar amounts are aspirational and that the investments announced might never be fully reached. They also said some of this investment would have occurred regardless of who was president.