The deal Japan struck with Trump is absolutely bonkers. Trump controls the 550 billion investment, where it goes (picks winners and losers, can direct to whom he wants) and then the Trump political machine takes in the profits (similar to other government intrusions into business, like Intel).
Absolutely crazy that Japan would agree to this, when they are broke. This will never happen. They will never be able to go through with this.
https://www.nytimes.com/2025/10/26/business/japan-investment-trump-tariffs.html?searchResultPosition=3
Absolutely crazy that Japan would agree to this, when they are broke. This will never happen. They will never be able to go through with this.
Quote:
Japan walked away with lower-than-threatened tariffs. In return, it pledged to put up $550 billion to fund American projects, an amount equal to more than a tenth of Japan's economy. In an extraordinary provision, the deal gave the Trump administration the power to, in effect, dictate how the money is spent.
In exchange for a 15 percent tariff on its exports, Mr. Akazawa agreed that Japan would create a $550 billion fund. Mr. Trump would select Japan's investments, and Japan would review and finance the project within 45 business days. Failure to do so could result in higher U.S. tariffs. After Japan recouped its initial money, 90 percent of the profits would go to the United States.
https://www.nytimes.com/2025/10/26/business/japan-investment-trump-tariffs.html?searchResultPosition=3