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flag Japan and the U.S. are negotiating $40 billion in projects under Japan’s $550 billion pledge to secure lower tariffs, pending final approvals.

flag Japan and the U.S. are advancing talks on the first projects under Japan’s $550 billion investment pledge to secure lower tariffs, but challenges remain over metrics like interest rates and project approvals. flag Trade Minister Ryosei Akazawa said progress is ongoing ahead of Prime Minister Sanae Takaichi’s upcoming U.S. visit, with potential announcements around $40 billion in initiatives like data center power and port upgrades. flag Funding will come from bonds, loans, and state guarantees, not direct capital. flag Despite pressure from President Trump, who warns of tariffs on South Korea, no specific projects or timelines are confirmed, and final decisions require company approval and U.S. government sign-off within 45 days.

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