Trump announces first projects under Japan's $550 billion U.S. investment pledge

The U.S. and Japan have unveiled the first three major projects to be funded under a large trade deal. The projects, worth a combined $36 billion, are the initial step in a broader pledge by Japan to invest $550 billion in the United States.

This announcement comes as the U.S. is working to secure these investments ahead of a tariff ruling and midterm elections. Japan has stated that the tariff ruling will not affect the agreed-upon investment projects.