The investment of $55 billion from Japan to the United States is about to be finalized! The three major projects focus on data centers, oil terminals, and synthetic diamonds.

According to informed sources, the United States and Japan are close to finalizing a project funded by a $55 billion investment tool set up by the Japanese side, seeking to drive key components of the bilateral trade agreement reached last year. The three projects that are seen as the final contenders in the review process are: a data center infrastructure project led by SoftBank Group, a deep-sea oil terminal project in the Gulf of Mexico, and a synthetic diamond project for semiconductors. Negotiations between U.S. Commerce Secretary Lutnick and Japanese Minister of Economy and Industry Akazawa Ryo will determine whether the two sides can reach a final agreement. According to the Japanese Ministry of Economy, the two are planning to meet in Washington on Thursday. There is still no guarantee that a decision will be reached this week. In July last year, U.S. President Trump tweeted on social media that the U.S. reached a trade agreement with Japan, with the original 25% tariff rate being lowered to 15% - including lowering tariffs on cars, which are a key industry in the Japanese economy. Japan will invest $55 billion in the U.S. and open up markets for products like rice. The investment fund aims to promote large-scale investment in key U.S. industries by Japan and is a core pillar of the bilateral trade agreement reached last year. According to the terms of the agreement, Japan has 45 working days after the project is finalized to initiate funding, otherwise the U.S. may withdraw some benefits or re-impose higher tariffs. During Trump's visit to Japan last year, the two countries identified a series of potential projects, with costs ranging from $350 million to as high as $100 billion. This framework includes investments in energy, artificial intelligence, and critical minerals, involving companies like SoftBank, Westinghouse Electric, and Toshiba. Trump had previously complained about the slow progress of a similar agreement with South Korea, an important competitor of Japan in the automotive manufacturing sector. Trump had threatened to raise tariffs on imports from South Korea again, highlighting the link between investment commitments and tariff adjustments. The latest round of talks between Akazawa Ryo and Lutnick comes after Japanese Prime Minister Koichi Suga won a historic election victory in the lower house earlier this month. Suga plans to visit the United States in March to meet with Trump and has vowed to prioritize strengthening the strong relationship with the U.S.