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Trump just announced a $300 billion deal with Reliance, India.
But there is one problem nobody is talking about.
Reliance Industries has a market cap of $206 billion.
Trump is claiming a $300 billion deal from a company worth less than that.
The announcement came solely from Trump on Truth Social. No press release from Reliance. No confirmation from Mukesh Ambani. No financial details on how a $206 billion company commits $300 billion.
This could be three things:
- A phased $300 billion economic impact figure over decades, not a single investment.
- Trump inflating the numbers, as he often does with deal announcements.
- A genuine partnership where Reliance commits a fraction and the rest comes from debt financing and other investors.
What do you think? Where will the $300 billion come from?