Overview
- The governments released a joint fact sheet naming 21 U.S. projects across energy, AI infrastructure and critical minerals, with 16 entries specifying about $393.45 billion in value.
- Companies identified as potential participants include Mitsubishi Heavy Industries, Toshiba, Hitachi, Mitsubishi Electric and SoftBank.
- Energy proposals feature prominently, including a Westinghouse program for advanced and small modular reactors of up to $100 billion, with U.S. interest highlighted in a Mitsubishi Heavy-linked power project.
- Trump said Toyota would invest over $10 billion in U.S. plants, but Toyota said no explicit new pledge was made and the framework notes Toyota’s plan to ship U.S.-built vehicles to Japan.
- Financing is expected via equity, loans and guarantees from agencies such as JBIC under a committee process led from the U.S., with project choices subject to presidential approval and tariff leverage tied to implementation.