(NewsNation) — President Donald Trump announced Monday that Taiwan Semiconductor Manufacturing Co. will be making a $100 billion investment in chip manufacturing in the U.S over the next four years.

That is on top of a previous $65 billion investment from the company. Most of the facilities are expected to be built in Arizona.

The announcement comes just ahead of Trump’s first address to Congress in his second term.

The president took questions from reporters, saying there was no room for Mexico and Canada to prevent upcoming tariffs from taking place and reiterated his belief that tariffs would be beneficial.

Many economists say the steep tariffs on trading partners will increase inflation and raise the price of goods for consumers already feeling stretched economically.

When questioned about Ukraine, Trump said he had not yet considered whether he would cut military aid to the country and denied that he was aligning with Russia’s foreign policy goals.

The president is dealing with the aftermath of a heated exchange with Ukrainian President Volodymyr Zelenskyy last week. The two got into a shouting match during an Oval Office photo op, an unprecedented clash in front of media.

Trump has signaled he is not ready to make amends with Zelenskyy and could withdraw U.S. support for Ukraine as the country continues to defend itself against Russia. European leaders have come out in support of Zelenskyy, making it possible they will step in to try to fill the gap.

When asked what could be done to mend the relationship, Trump again accused Zelenskyy of not being appreciative enough of the help his country has received.