Warwick Powell deflates Trumps tarrifs claim over Japan. He wanted 24% and agreed on 15% (apart from steel and cars) BUT also insisted on Japanese investment into the US. 

This is nothing more than what currently exists. It is - literally - absolute bollocks.


'If Japan is pledging to “invest $550B into the U.S. economy,” that’s more than likely to be just a recommitment to allocating reserves and surplus capital into U.S. projects/assets. This may be dressed up as FDI or infrastructure investment, but it’s still denominated in USD, drawn from existing or expected reserves.

Japan already holds over $1 trillion in U.S. Treasuries, and has for years been a top foreign investor in U.S. government debt, real estate and industrial projects. Nippon Steel just bought out U.S. Steel as a case in point.'






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