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Japan, America, Offer Contradictory Accounts of Terms in Breakthrough Trade Agreement

At issue is how profits from a massive $550 billion Japanese investment in America will be distributed.

Japan's chief tariff negotiator Ryosei Akazawa speaks to the media after a meeting between Prime Minister Shigeru Ishiba and Treasury Secretary Scott Bessent in Tokyo, on July 18, 2025.
Japan's chief tariff negotiator Ryosei Akazawa speaks to the media after a meeting between Prime Minister Shigeru Ishiba and Treasury Secretary Scott Bessent in Tokyo, on July 18, 2025. Shuji Kajiyama/AP

Japan, America, Offer Contradictory Accounts of Terms in Breakthrough Trade Agreement | The New York Sun