U.S. Commerce Secretary Howard Lutnick said that an agreement on Japan's $550 billion investment pledge will be released later this week, although Japan has not confirmed plans for an announcement and has remained silent in recent days on the massive commitment it made in the course of tariff negotiations.
“The Japanese agreement, which we are gonna announce later this week, that’s $550 billion at the hand of Donald Trump,” Lutnick said during a Fox News interview on Monday.
When asked Tuesday in Tokyo about Lutnick's remarks, Ryosei Akazawa, Japan's chief tariff negotiator, declined to comment.
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