Posted on 02/03/2017 7:05:43 AM PST by mandaladon
Japan, which has a consistent trade surplus with the U.S., is putting the finishing touches on a package that it claims will create 700,000 jobs in the U.S. and help create a $450-billion market, Reuters reported, citing government sources familiar with the plans.
Prime Minister Shinzo Abe and President Trump are expected to meet on Feb. 10. Major Japanese newspapers cited a draft of the proposal that calls for cooperation on building high-speed trains in the U.S. northeast, Texas and California. The two sides would also jointly develop artificial intelligence, robotics, space and Internet technology.
The Japanese may use money from its foreign exchange reserves to fund the package, Reuters reported.
On a broader basis, the two countries would cooperate in building liquefied natural gas facilities in Asia to help expand exports of U.S. natural gas and work together to expand nuclear energy-related sales.
The aim appears to be to turn what could potentially be a major crisis over trade friction into a business opportunity for both sides.
Abe's proposed public-private initiative is intended to create several hundred thousand jobs, the reports said Thursday, and involve $150 billion in new investment in U.S. infrastructure from Japanese government and private sources over the next decade.
Asked in parliament about his plans for talks with Trump, Abe said Japanese companies are making significant contributions to the U.S. economy.
(Excerpt) Read more at foxnews.com ...
What? Still winning?
Oooooh, Yeah and it smells like victory!
yes!!
If this was Obama, the media would be talking about this non stop.
High speed trains? Good gad. Is this just a high tech boondoggle, Amtrak on steroids for politicos and the glitterati? Or is this something the poor boobs, aka taxpayers, stuck with the tab might benefit from?
Will libs ride on high speed trains if they aren’t built using public funds?
Sorry to point this out, but......they aren’t even able to do this in Japan.
hehehehe... D’em0RATS, RINO’s, BarrakO TAKE THAT PUNCH!!!
Abe and, belatedly, Theresa May will reap significant rewards for their countries for their leadership in cooperating with Trump’s US.
There are two corridors in the US where high speed trains would pay off big-time. Sadly....from LA to Vegas...is NOT one of the two.
1. NY to Washington. 2. Tampa to Orlando.
If you could make both of these into 90 minute trips, at a cost of no more than $50 one-way...it’d be a winner.
This would be a HUGE MEGA Win !!!
LA to the 'Cliffs of Big Sur' might get popular if we keep winning ...
Wow..
“Abe’s proposed public-private initiative is intended to create several hundred thousand jobs, the reports said Thursday, and involve $150 billion in new investment in U.S. infrastructure from Japanese government and private sources over the next decade.”
Why is that excellent? It sounds like another Socialist ponzi scheme. Why not invest the money in a real business? Why not cut Japanese taxes and free up funds so that, say, Toyota can build another manufacturing plant here?
Who pissed in ur wheaties today?
$50 from Tampa to Orlando? Maybe for tourists, but there’s no way I’d pay that kind of $$. They would have to offer FL resident passes like all the parks. Lol
Make it so!
No one. But I am hosing this idea down. When did FR become a megaphone for big government socialist schemes? Especially those involving mass transit?
lol
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