Trump administration eyes $550 billion in Japanese investment

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President Donald Trump met with Japanese Prime Minister Sanae Takaichi on Tuesday and is close to cementing a goal of $550 billion in Japanese investment in the U.S., according to the Associated Press.

The trade deal includes $100 billion each for nuclear projects involving Westinghouse and GE Vernova.

The U.S. would also tax goods imported from Japan at 15% if the framework goes into effect. And the two countries signed an agreement to cooperate on critical minerals and rare earths.

President Trump is touring Asia and plans to meet with Chinese leader Xi Jinping on Thursday in South Korea to work on a trade deal.

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