Japan’s $36 Billion Bet on U.S. Energy Dominance

Japan’s $36 Billion Bet on U.S. Energy Dominance

Japan has made the first commitments under a $550-billion investment program that made part of its trade deal with President Trump. Those first commitments are worth $36 billion and include what Commerce Secretary Howard Lutnick has called “the largest natural gas generation facility in history.” The U.S. and Japan sealed a trade deal last summer, featuring a reduction in proposed tariffs—from 25% to 15%—on Japanese imports and a $550-billion Ja…

Japan bets on US energy: $36 billion for gas, oil, and artificial intelligence - Economic Scenarios

Japan has made its first commitments under a $550 billion investment program that was part of the trade deal with President Trump, but it has done so with a focus on profit. These initial commitments are worth $36 billion and include what Commerce Secretary Howard Lutnick called " the largest natural gas generating plant in history ." Last summer, the United States and Japan signed a trade agreement that includes a reduction in proposed tariffs—…