① Japanese Prime Minister Sanae Takaichi and US President Donald Trump signed a document on Tuesday confirming the implementation of Japan's investment commitments to the United States; ② Japan pledged to provide semiconductor funding to the United States. The government will invest $550 billion in key industries such as critical minerals and shipbuilding, and increase investment in U.S. agricultural products . Purchases of other products; ③ A White House statement indicates that SoftBank Group and Mitsubishi Electric... Japanese companies such as Hitachi plan to invest in the United States.
According to multiple media reports, Japanese Prime Minister Sanae Takaichi met with US President Donald Trump in Tokyo on Tuesday, reaffirming cooperation between the two countries in the areas of defense and economic security.
The two leaders signed a document confirming the implementation of the investment agreement committed by the previous Japanese government to the United States, which included Japan investing $550 billion in key U.S. industries such as semiconductors , critical minerals, and shipbuilding, and increasing purchases of U.S. agricultural products and other goods.
Japan's list of investments in the US includes energy and artificial intelligence. The investment could represent approximately $400 billion in sectors such as infrastructure and critical minerals. The investment package will include equity investments, loans, and loan guarantees from Japanese state-owned entities.
According to a White House statement, about 20 Japanese and American companies have expressed interest in Japanese investment projects in the United States, including SoftBank Group, Mitsubishi Electric , and Hitachi.
Specific cooperation details
The White House stated in its statement that up to $332 billion of Japanese investment in the United States will be used to support the construction of critical energy infrastructure in the United States. This includes Japanese companies such as Mitsubishi Heavy Industries working with Westinghouse Electric to build pressurized water reactors and small modular reactors worth up to $100 billion. SoftBank will also cooperate to provide services such as the design, procurement, and maintenance of large-scale power infrastructure.
In addition, Mitsubishi Electric will invest $30 billion to participate in the construction of artificial intelligence power plants and data centers. Equipment manufacturing. TDK expects to invest $25 billion in the United States to supply advanced electronic components . and power module.
In addition to the aforementioned sectors and companies, Japanese companies will also invest in US electronics and supply chains, key minerals, manufacturing, and logistics. Companies that have expressed interest include Panasonic, Murata Manufacturing, and Toshiba.
Japan has also pledged to further expand imports from the United States, agreeing to accept the sale of vehicles manufactured in the US and certified for US safety in Japan without additional testing. Toyota is one of the manufacturers planning to bring its US manufacturing facilities back to the Japanese market.
Toyota President Tsuneharu Sato said he intends to ask the Japanese government to create an environment conducive to such sales, including a review of import restrictions.
(Article source: CLS)
