Signal A $550 billion Japanese fund directed by the White House outside appropriations

Summary

The Trump administration built a deal template in which foreign governments invest in the US in return for tariff relief and market access, Eurasia Group reports. Japan set up a $550 billion fund to pay for American projects the president picks himself. That money is available to the White House without going through congressional appropriations. Korea, the European Union and Gulf states have committed trillions of dollars more under similar arrangements. The report presents this as part of a transactional style that extends state capitalism to relations with foreign governments.