Trump Claims Japan Will Invest $550 Billion in US Under New Trade Deal

President Donald Trump announced that Japan has committed $550 billion for investment in the United States as part of a new trade framework. However, the terms are still under negotiation and not finalized.

Trump stated that Japan's investment is intended to lower tariffs, with the U.S. receiving 90% of any profits generated. The fund is not a loan but described as a signing bonus.

The $550 billion would be a significant amount, representing over 10% of Japan's GDP. It is unclear how much of this investment would be new or part of existing plans.

The trade framework has been a key talking point for the Trump administration, claiming to attract trillions in new investments. Details of the investment deals are still being worked out.

The U.S. administration mentioned that the fund would be used for investments in various industries, including critical minerals, pharmaceuticals, and shipbuilding. Japan is also set to purchase airplanes from Boeing and rice from U.S. farmers.

Japanese officials have not confirmed the terms of the $550 billion investment, emphasizing the need for a written joint statement to avoid misunderstandings.

Overall, the details of the trade agreement and investment plans are still evolving, with ongoing discussions between the U.S. and Japan.

According to the source: AP News.