Headline: The Japan Times, 7/24/2025
Francis Tang reports:
Takahide Kiuchi, executive economist at Nomura Research Institute, wrote in a Wednesday report that the $550 billion figure lacks foundation and is “little more than a verbal commitment.” [emphasis added]
“Investment in the United States is ultimately a decision for Japanese companies to make, and the $550 billion figure is merely a government target,” he wrote. “In reality, under the Trump administration, many Japanese firms likely perceived a deterioration in the business environment due to measures such as tariffs.”
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