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1/9 This $400 billion investment fund deal with Japan may indeed be "unprecedented", but its hard to see how it helps to address any of the reasons for the US trade imbalances. https://t.co/mQaBEPxNta
Normies haven't quite figured out why this matters so much. The clue: "President Trump will get to decide where to invest Japanese money and the United States will keep 90 percent of the profits, the White House said." https://t.co/jsdJJHrU1y
Japan's government said that profits from a $550 billion investment package agreed in this week's tariff deal with the US would be split between Japan and the US according to the degree of contributions by each side https://t.co/K5XlZdJiey
The United States and Japan have reached a trade agreement that includes the establishment of a $550 billion sovereign wealth fund aimed at investing in US-based assets. This fund, described as the largest in history by former President Donald Trump, will see profits split between Japan and the US based on their respective contributions. The White House has stated that the US will retain 90% of the profits, and President Trump will have authority over investment decisions. While the fund is seen as a potential incentive for continued Japanese investment in the US, some analysts have expressed skepticism about its effectiveness in addressing underlying US trade imbalances.
