Lutnick says U.S. will share profits until $550B recouped
US Trade Secretary Howard Lutnick speaks during an interview with CNBC at the New York Stock Exchange on September 11, 2025.
Brendan McDermid | Reuters
Trade Secretary Howard Lotnick said on Thursday that the US will share equally profit from the projects financed by the Asian country through the Tariff Agreement until its first investment was compensated.
Tokyo agreed to invest $ 550 billion to invest in American -based projects elected by the US government as part of an agreement last week. President Donald Trump said that Japan will now face 15% initial tariffs and sector -specific taxes within the scope of the agreement of the two countries.
Lutnick said the United States will start equally to projects financed by the investment of Japan, the US initially said. Lutnick said that when Japan recovered $ 550 billion, it will take 90% of profit failure to the US and the remaining 10% of Tokyo.
“After that, 90/10, in favor of America, Lut Lutnick said about CNBC’s” Squawk on the street “on Thursday.
Lutnick said an investment committee would propose projects that will provide funds through Japan’s cash pile.
After receiving Trump’s approval, the US will hire construction workers and send a “capital call” to Japan, acknowledging Japan’s “blowing balance sheets” and lending money to finance projects.
However, Lutnick assumes that they have taken back the investment money from the projects and said that Japanese taxpayers should not cost anything in the long run. Furthermore, Japanese consumers will benefit from a lower tariff ratio.
“This is a good deal for the perspective of their countries.” He said.
Meanwhile, the US said that it has received funds to support domestic production by facilitating projects such as nuclear power plants. Lutnick also pointed to antibiotics as a local production priority.
Lutnick’s comments, most of Trump’s tariffs were hanging in the legal limo. The Supreme Court agreed to hear the appeal of a lower court decision in a rapid time schedule. This decision found that many of the most violent taxes of the President were illegal.
Oral arguments are planned in the first week of November.
