Media: U.S. President Trump praised Japan's commitment to invest $36 billion in U.S. oil, natural gas and critical mineral projects. This is Japan's first investment after the 2022 U.S.-Japan trade agreement, where Japan had pledged to invest $55 billion, and the U.S. reduced Japanese import tariffs to 15%.
Japanese Prime Minister Hashimoto Haruyuki stated that these projects will strengthen the U.S.-Japan alliance, promote growth in sales and business expansion for Japanese companies. Among them, the largest natural gas facility in Ohio, which will be invested with $3.3 billion, is expected to generate 9.2 gigawatts of power and will be operated by a subsidiary of SoftBank.
In addition, Japan plans to invest $2.1 billion to build deep-sea crude oil export facilities in Texas, and $600 million to build artificial diamond sand facilities in Georgia, which are crucial to the U.S. industrial manufacturing and national security.
Designation Election of the Japanese Prime Minister
Original: toutiao.com/article/1857464144677891/
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