The Financial News

The Financial News

Lutnick: U.S. will split profits with Tokyo from Japan-funded projects till $550 billion in recouped


Commerce Secretary Howard Lutnick said Thursday that the U.S. will equally share profits with Japan from projects funded by the country until the initial investment is recouped.

Once Japan gets its investment back, the U.S. will get 90% of profits.


Leave a Reply

Your email address will not be published. Required fields are marked *

Copyright © All rights reserved. | The Financial Times