President Trump calls it a “bonus from Japan” and “our money” – misunderstanding of Japan’s $550 billion investment; Minister Akazawa says “we won’t cooperate unless there’s a benefit”

As a new 15% tariff on Japan by the U.S. is set to begin soon, differences in understanding between the two countries about their agreement have become apparent. President Trump referred to a $550 billion investment from Japan as “our money.” He compared it to a signing bonus for sports players, saying the investment funds belong to the U.S. However, Japan views this as support for investments by private companies facilitated by government financial institutions.

Akazawa, Japan’s Minister for Economic Revitalization, arrived in the U.S. and expressed the need to clarify these differences. He stated that Japan would cooperate only if there are mutual benefits, emphasizing the creation of a supply chain within the U.S., which takes into account U.S. interests.

Akazawa also committed to pushing for a swift reduction of the agreed 15% auto tariffs between Japan and the U.S. As the new tariffs are set to take effect, resolving the differing interpretations of the agreement is now a key focus.