President Trump will decide how to use the $550 billion that the Japanese government agreed to invest as part of its trade deal with the United States.
The Trump administration has dialed back aggressive measures against China and reversed its position on technology controls as the president angles for a Chinese trip later this year.
Treasury Secretary Scott Bessent, left, and Jamieson Greer, the U.S. trade representative, second from right, meeting with Chinese officials in Geneva in May.
The Trump administration has dialed back aggressive measures against China and reversed its position on technology controls as the president angles for a Chinese trip later this year.
Treasury Secretary Scott Bessent, left, and Jamieson Greer, the U.S. trade representative, second from right, meeting with Chinese officials in Geneva in May.
The European Union is racing to clinch an agreement with the Americans before tariffs kick in on Aug. 1, even as President Trump has signaled he is in no rush.