Trump Secures $550B US-Japan Investment Deal | Funds Target Key Sectors

Trump Secures $550B US-Japan Investment Deal | Funds Target Key Sectors

We had Japan yesterday. We also had Indonesia and we had the Philippines as well. The president announcing all three. He came in as the closer in all three of those. I’ve said many times from this podium that uh the president’s trade team has been in active talks and discussions with many countries around the world and you’ve all been anxiously awaiting what those countries were. Now you know uh three of them and there’s many many more to go. We have now sent 25 letters um to countries around the world. Japan will now pay a 15% tariff uh versus the reciprocal rate of 24% um that they initially had. Auto and auto parts tariffs have been reduced to 15% but the centerpiece of this deal now is the president got Japan to commit to $550 billion in investments to revitalize American industries. And these funds will be spent at President Trump’s discretion and direction into key industries such as energy, semiconductors, critical minerals, pharmaceuticals, and ship building. And the US will retain 90% of the profits from any investments made by this $550 billion fund. The message from the White House to the families of the victim

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Trump Secures $550B US-Japan Investment Deal | Funds Target Key Sectors | The Express Tribune | ET- MS08

The White House confirmed a landmark $550 billion US-bound investment and loan package with Japan — a deal negotiated by President Trump that will be spent at his discretion. Funds will target critical sectors including energy, semiconductors, and shipbuilding.

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