In a significant economic development, Japanese Prime Minister Shigeru Ishiba has pledged an unprecedented $1 trillion investment in the United States following a high-level meeting with President Donald Trump.
Alongside this commitment, Trump revealed plans for a joint U.S.-Japan oil and gas venture in Alaska, further strengthening economic and energy cooperation between the two allies.
Speaking through a translator at a press conference, Ishiba reaffirmed Japan’s commitment to deepening economic ties with the U.S.:
“Today, I conveyed my willingness to cooperate together to elevate Japan’s investment in the United States to an unprecedented amount of $1 trillion.”
This massive investment is expected to target various industries, including technology, energy, manufacturing, and artificial intelligence (AI). Trump welcomed the news, emphasizing that Japan’s commitment is a testament to the strength of the U.S. economy under his leadership.
In addition to the investment pledge, Trump announced a major energy collaboration between the two nations, focusing on oil and natural gas development in Alaska. Japan has agreed to increase imports of American liquefied natural gas (LNG), further expanding trade between the two countries.
“I’m pleased to announce that Japan will soon begin importing historic new shipments of clean American liquefied natural gas in record numbers,” Trump said, underscoring the benefits of American energy production for global markets.
The joint venture in Alaska aims to boost U.S. energy exports, create jobs, and solidify America’s role as a leading energy provider. It also aligns with Trump’s broader “drill, baby, drill” agenda, which prioritizes energy independence and economic growth.
Trump and Ishiba reaffirmed their commitment to enhancing trade relations, with discussions covering AI, semiconductor production, and broader economic collaboration.
The U.S. has been working to reduce reliance on Chinese-manufactured computer chips, making Japan’s investment in the sector particularly significant.
At the beginning of the meeting, Trump presented Ishiba with a framed photo of the two leaders, symbolizing the strong and enduring friendship between the U.S. and Japan.
“The relationship between the United States and Japan will only grow stronger in the years ahead,” Trump stated, highlighting the deepening economic partnership.
This historic agreement represents one of the largest foreign investment pledges in U.S. history and marks a new chapter in U.S.-Japan economic relations.
This is a developing story—check back for updates.