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Japan proposes to buy U.S. chip products in tariff talks, Asahi says

Summary by WTVB
TOKYO (Reuters) -Japan has proposed purchasing billions of dollars worth of U.S. semiconductor products during ongoing tariff negotiations with the United States, the Asahi newspaper reported, citing an unidentified source. The Japanese government plans to subsidize domestic companies that buy the U.S. chips from companies such as Nvidia, with potential imports reaching up to 1 trillion yen ($6.94 billion), aimed at reducing America’s roughly 10…

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FRESH NEWS broke the news in on Tuesday, May 27, 2025.
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