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Japan Defends US Investment Deal Structure Amid Profit-Sharing Concerns
Japan Defends US Investment Deal Structure Amid Profit-Sharing Concerns
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BTCCSquare news:
Japan's chief negotiator Ryosei Akazawa has dismissed criticism of the US-Japan investment framework, insisting the arrangement benefits Tokyo despite conceding 90% of profits to Washington. The $550 billion plan relies heavily on loans and guarantees, with only 1-2% representing direct investment capital.
Akazawa projects ¥10 trillion ($68 billion) in tariff reductions for Japan, with additional revenue streams from loan interest and guarantee fees. "People saying 'You sold out Japan' are wrong," he asserted, estimating losses capped at "tens of billions of yen." The deal allows participation by third-country firms like Taiwanese semiconductor manufacturers operating in the US.
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