Trump lauds Japan’s pledge to invest $36 billion in U.S. megaprojects
U.S. President Donald Trump speaks with reporters aboard Air Force One en route to South Korea in Japan on October 29, 2025.
Andrew Harnik | Getty Images News | Getty Images
US President Donald Trump welcomed Japan’s promise to invest nearly $36 billion in oil, gas and critical mineral projects in Texas, Ohio and Georgia.
The commitment represents the first tranche of investment by Japan following the landmark trade deal between the two countries, in which Tokyo pledged to invest $550 billion in U.S.-based projects and Trump cut tariffs on most Japanese imports to 15%.
“Our HUGE Trade Agreement with Japan has just begun!” Embers in question in a social media post on Tuesday.
“The scale of these projects is so large that they could not be achieved without a very specific word: TARIFFS,” he added.
Japanese Prime Minister Sanae Takaichi in question The projects strengthen the Japan-US alliance and were expected to increase sales and business for Japanese companies.
“We believe that these initiatives truly embody the purpose of this Strategic Investment Initiative, namely promoting mutual benefit between Japan and the United States, enhancing economic security, and promoting economic growth,” Takaichi said in a post on X, according to Google’s translation. he said.
The largest investment so far is a natural gas facility in Ohio. expected It will produce 9.2 gigawatts of power.
US Secretary of Commerce Howard Lutnick in question Portsmouth Powered Land Project, valued at $33 billion, operated by SB Energy, a subsidiary of Japan SoftBankIt will be the “largest natural gas production facility in history.”
Japan will also finance a $2.1 billion deepwater crude oil export facility off the coast of Texas, the White House said. The Texas GulfLink project is expected to generate up to $30 billion in annual U.S. crude exports at full capacity. Dallas-based energy infrastructure group Sentinel Midstream is developing the project.
The third major project refers to plans to build a synthetic diamond sand facility in Georgia, where Japan will invest about $600 million, the Ministry of Commerce said.
The project will be operated by Element Six, part of the world’s leading diamond company, De Beers Group.
The Department of Commerce says diamond sand, dust and powder are critical raw materials in U.S. industrial production because of their exceptional hardness and wear resistance. in questionIt contributes to the economic and national security of the USA.
