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Japan Pledges $36 Billion in US Oil and Gas Investment

Japan plans to invest US$36 billion in US oil, gas and critical mineral projects, the first tranche of its US$550 billion commitment under the trade agreement it struck with US President Donald Trump.

“Our massive trade deal with Japan has just launched!” Trump posted on Tuesday (Feb 17). “The scale of these projects are so large, and could not be done without one very special word, tariffs.”