Japan, Trump and trade deal
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President Donald Trump is bragging that Japan has given him, as part of a new trade framework, $550 billion to invest in the United States
When President Donald Trump revealed that his administration had struck a "massive" trade and investment deal with Japan, he described it as "completed"—but it must still pass the Japanese parliament, called the Diet, which is riven with political turmoil.
As part of a trade deal reached this week, Japan agreed to invest $550 billion in projects across strategic U.S. industries, including energy, semiconductor manufacturing and shipbuilding. The White House said Trump would have final say over where the money goes and that the U.S. would keep 90% of profits on any investments.
"They are the party of YouTube," said Jeffrey Hall, a lecturer at Kanda University of International Studies who has authored a book on right-wing politics in Japan.
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