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Trump Announces First Tranche of Japan's Investments in US Industry Under $550bn Trade Pact
- On Feb. 17, President Donald Trump announced the first set of Japan-backed U.S. investment projects funding an LNG facility in Texas, a gas power plant in Ohio, and a critical minerals site in Georgia.
- After a joint panel first met in December, Trump selected projects based on recommendations from an investment committee with Japanese input, linked to a tariff deal with 15 levies on imports from Japan.
- In an online post, Trump credited tariffs, saying `the scale of these projects... could not be done without` them, linking investments to his tariff policies.
- The disclosure comes as the Supreme Court prepares to rule on tariff powers, while financing and company participants remain unspecified and some House Republicans threaten action on tariffs.
- Ahead of a White House summit next month, regional pressure mounts on South Korea to fulfill its $350 billion pledge, with Trump threatening to restore 25% tariffs.
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US-Japan Trade Deal: US President Donald Trump has made a major announcement, saying that a trade deal has been announced between the US and Japan. He called it a historic time for both countries.
Japan’s Nikkei Stock Average Rises 1%, Tech Shares Seen Involved in $550 Bln US Deal Gain
TOKYO, Feb 18 (Reuters) - Japan's Nikkei share average rose on Wednesday, set to snap a four-day losing streak, as technology firms that are seen as involved in Japan's $550 billion U.S. investment project gained.
·Japan
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Trump announces US$36bil Japanese investments under US trade pact
WASHINGTON: President Donald Trump on Tuesday announced Japan’s planned investments in US energy and critical minerals projects, the first tranche under a bilateral trade pact, ahead of Prime Minister Sanae Takaichi’s Washington visit.
·Malaysia
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Total News Sources31
Leaning Left5Leaning Right10Center6Last UpdatedBias Distribution48% Right
Bias Distribution
- 48% of the sources lean Right
48% Right
L 24%
C 28%
R 48%
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