Japan has agreed to let U.S. President Donald Trump decide where $550 billion of Japanese capital will be invested in the United States as part of a trade deal to secure tariff relief, according to a memorandum signed this week.
The agreement, enacted Thursday, requires Japan to fund projects selected by Trump within 45 days or face the return of steep tariffs. Japan had been subject to a 25% levy on exports to the U.S., which is now reduced to 15%.
The memorandum states that profits from the investments will be split evenly until Japan’s principal is repaid, after which the U.S. will take 90% of the returns.
The deal marks the latest step in Trump’s push to reshape global trade under his “America First” agenda. In recent months, his administration has secured revenue-sharing arrangements with U.S. chipmakers over sales in China and taken a golden share in U.S. Steel following its $15 billion takeover by Japan’s Nippon Steel.
The new tariff framework also lowers duties on Japanese cars and car parts from 27.5% to 15%. A U.S. investment committee chaired by Commerce Secretary Howard Lutnick will propose projects for Trump’s approval, with an aim to use Japanese suppliers where possible.
Economists said the arrangement could eventually support Japanese exports, depending on procurement levels.
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The U.S. Food and Drug Administration Commissioner Marty Makary said on Saturday that data showed 10 children had died because of COVID-19 vaccination shots.
Hondurans will go to the polls on Sunday, November 30, 2025, in a tightly contested presidential election marked by heated accusations of fraud.
McLaren's Oscar Piastri won the Qatar Grand Prix sprint race from pole position and for the third year in a row on Saturday (November 29) to trim teammate Lando Norris's Formula One championship lead to 22 points.
Ukrainian naval drones hit two sanctioned tankers in the Black Sea as they headed to a Russian port to load up with oil destined for foreign markets, an official said on Saturday, as Kyiv tries to pile pressure on Russia's vast oil industry.
U.S. investigators have recovered the black box recorders from the wreckage of a UPS cargo plane that crashed in flames on takeoff in Louisville, Kentucky. At least twelve people died. The crash sent a wall of fire into an industrial corridor and forced the shutdown of the airport.
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Hondurans will go to the polls on Sunday, November 30, 2025, in a tightly contested presidential election marked by heated accusations of fraud.
McLaren's Oscar Piastri won the Qatar Grand Prix sprint race from pole position and for the third year in a row on Saturday (November 29) to trim teammate Lando Norris's Formula One championship lead to 22 points.
Ukrainian naval drones hit two sanctioned tankers in the Black Sea as they headed to a Russian port to load up with oil destined for foreign markets, an official said on Saturday, as Kyiv tries to pile pressure on Russia's vast oil industry.
Moldovan authorities said on Saturday that Russian drones had entered the country's airspace, posing a threat to aviation, in the third such incident in nine days.
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