“We have in Japan it’s $550 billion, South Korea’s $350 billion. That’s upfront,” Trump told reporters on Thursday
Japan has said they will make investments based on U.S. projects, rather than paying upfront.
Japan says the investments should be made ‘from time to time’ until the end of Trump’s term in January 2029.
Japan intended to provide financing for projects only after a “capital call” made by the United States.
South Korea has also said it cannot afford to make large cash investments, South Korea’s economy could be plunged into crisis for upfront swap payments. South Korean negotiators are pushing for most of the funds to be in the form of loans, rather than direct investment.
“We have never thought about making the investments in lump sum,”
Japan committed to provide President Trump $550 billion to invest into the United States towards critical industries of importance to our national and economic security.
- Japan’s historic $550 billion investment commitment to President Trump will be invested in U.S. projects selected by President Trump, creating hundreds of thousands of U.S. jobs, dramatically expanding domestic manufacturing, and securing American prosperity for generations.
- The investments will fund projects in sectors across the United States to advance U.S. national and economic security, including semiconductors, pharmaceuticals, metals, critical minerals, shipbuilding, energy (including pipelines) and artificial intelligence/quantum computing.
- The United States and Japan are committed to enhancing economic and national security alignment to bolster supply chain resilience and innovation through complementary action to address non-market policies of third parties, as well as to combat duty evasion and cooperate on investment security and export controls.