Trump says Japan will invest $550 billion in US at his direction. It may not be a sure thing

[Yo_Mama_Been_Loggin]

WASHINGTON (AP) — President Donald Trump is bragging that Japan has given him, as part of a new trade framework, $550 billion to invest in the United States. It’s an astonishing figure, but still subject to negotiation and perhaps not the sure thing he’s portraying.

“Japan is putting up $550 billion in order to lower their tariffs a little bit,” Trump said Thursday. “They put up, as you could call it, seed money. Let’s call it seed money.”

He said 90% of any profits from the money invested would go to the U.S. even if Japan had put up the funds. “It’s not a loan or anything, it’s a signing bonus,” the Republican president said, on the trade framework that lowered his threatened tariff from 25% to 15%, including on autos.

A White House official said the terms are being negotiated and nothing has been formalized in writing. The official, who insisted on anonymity to detail the terms of the talks, suggested the goal was for the $550 billion fund to make investments at Trump’s direction.

https://apnews.com/article/trump-japan-trade-tariffs-550-billion-investment-fund-79c27b3db1c22c513bcf487c00a5a627

It's the concept of a deal

[Johonny]

1. Doesnt sound big enough

He should have pretended it was a trillion.

[tinrobot]

2. AT his direction? More like IN his direction.

Directly into his bank accounts.

[tanyev]

3. "at his direction"

Yeah, those accounts are in my name and controlled by me, but don’t worry, I’ll make sure it gets invested in infrastructure and…and…other good stuff. Trust me.

[Jacson6]

4. Japan will just string him along for the next three years. n/t