Jeff Pao
Japan has begun deploying the first tranche of what is expected to become a sweeping investment wave into the United States following the landslide election victory last week of Prime Minister Sanae Takaichi’s Liberal Democratic Party.
The initial batch, worth about US$36 billion, is widely seen as the opening move in a much larger commitment that could eventually reach $550 billion, an amount Japan promised last July in exchange for Washington’s lowering of its “reciprocal” tariffs for Japanese goods from 25% to 15% last September. “Our massive trade deal with Japan has just launched! Japan is now officially, and financially, moving forward with the first set of investments under its $550 billion commitment to invest in the United States of America,” US President Donald Trump says in a social media post.
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