…and “himself” is still insisting he will dictate where the money is invested, not the entities that are putting up the money.
“Japan is putting up $550 billion in order to lower their tariffs a little bit,” Trump said Thursday. “They put up, as you could call it, seed money. Let’s call it seed money.”
He said 90% of any profits from the money invested would go to the U.S. even if Japan had put up the funds. “It’s not a loan or anything, it’s a signing bonus,” the Republican president said, on the trade framework that lowered his threatened tariff from 25% to 15%, including on autos.
And if one reads between the lines, it is clear that Japan has not actually agreed to Donald’s version. It’s just a headline. Japan will put out headlines of “investment” when it suits them- likely investment that was already happening- and of purchases that they were already making. The Donald and Judi fantasy show continues.
Yup. More publicity for the self-styled “bestest dealmaker the world has ever seen”. The substance, whether the Japanese actually koff up half a Trillion, which is apparently close to 10% of Japanese GDP, doesn’t matter, because his nibs will be back, demanding more, next year.