Japan plans to invest $36 billion in US oil, gas and critical mineral projects, the first tranche of its $550 billion commitment under the trade agreement it struck with President Donald Trump. "Our MASSIVE Trade Deal with Japan has just launched!" Trump posted Tuesday on social media. "The scale of these projects are so large, and could not be done without one very special word, TARIFFS." The most significant investment is a natural gas facility in Ohio that's expected to generate 9.2 gigawatts of power, according to a statement from Commerce Secretary Howard Lutnick, a massive project which Trump described as "the largest in History." We spoke to Isabel Reynolds, Bloomberg's Tokyo Bureau Chief. Plus - Traders struggling to assess the outlook for artificial intelligence whipsawed stocks in another volatile session on Wall Street. We spoke to Jed Ellerbroek, Portfolio Manager at Argent Capital Management.See omnystudio.com/listener for privacy information.

Ask this episode

“What did the council decide on item 42?” — answered with the speaker and the moment.

Transcript

Related