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Feb 18 • 11:17 UTC • 🇬🇷 Greece • Naftemporiki

US - Japan: The first package of the mega deal of 550 billion - Investments in energy and critical minerals

The US and Japan have launched the first wave of investments under a $550 billion trade agreement, focusing on energy and critical industrial materials.

Amid a new phase of economic nationalism and energy restructuring, the United States and Japan are activating the first major wave of investments as part of the $550 billion trade agreement signed last year. The initial wave amounts to $36 billion and is aimed at three emblematic projects located in Ohio, Texas, and Georgia, with a focus on natural gas, oil, and critical industrial materials. US President Donald Trump publicly welcomed Japan's commitment, directly linking it to the tariff strategy pursued by Washington. The Prime Minister of Japan, Sanae Takaiichi, spoke of strengthening the alliance and mutual benefit just hours before she was sworn in again after her sweeping electoral victory.

#us #japan #energy #investment #trade
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🇮🇳 India Feb 18 • 03:30 UTC

Deal made between Japan and the US, $550 billion trade deal, Trump said 'Without tariffs...','summary_en':'A significant trade agreement has been reached between the US and Japan, with President Donald Trump announcing a $550 billion investment commitment from Japan.','summary_long_en':'The United States and Japan have reached a substantial agreement regarding trade, with President Donald Trump announcing a record $550 billion investment commitment from Japan into the American economy. Trump described this development as a major milestone in US-Japan relations and highlighted its potential to create millions of jobs and strengthen national and economic security. He emphasized the historic nature of the agreement, noting that it would revitalize the American industrial base and benefit both nations significantly. During his announcement, Trump underscored that this agreement would not have been possible without existing tariffs, suggesting that their imposition has played a crucial role in negotiating favorable terms for the US. He expressed optimism regarding specific sectors, including oil and gas in Texas, power generation in Ohio, and critical minerals in Georgia, indicating potential investment opportunities in these areas. Trump's remarks reflect broader goals of boosting domestic industries and securing strategic resources essential for the country's economic prosperity. Overall, this agreement marks a significant moment in US-Japan trade relations, signaling a shift towards deeper economic collaboration. The implications of this deal may extend beyond immediate economic benefits, potentially impacting geopolitical dynamics in the Asia-Pacific region as both countries navigate their economic strategies amidst evolving global challenges.

Aaj Tak (Hindi)