US-Japan trade deal gives Trump control over $550 billion in investments. It could be ‘vapor ware’ — and a model for other countries

fortune.com/2025/07/26/us-japan-trade-deal-trump-tariffs-550-billion-investment-vehicle

One of the provisions of the trade deal that set a 15% tariff on Japan is a pledge from Tokyo to invest $550 billion in key American sectors. The White House said the money will be deployed “at President Trump’s direction,” potentially giving him a bigger say in U.S. industrial policy.…

This story appeared on fortune.com, 2025-07-26 18:27:58.
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