US-Japan deal's 9-1 investment profit split limited in scope: Tokyo
SHUNSUKE USHIGOME and YUKA FURUBAYASHI
TOKYO -- A nine-to-one profit-sharing split trumpeted by the White House in the U.S.-Japan trade deal will apply to only a limited set of Japanese investments in America, according to according to materials released Friday by the Japanese government.
The agreement includes up to $550 billion in financial support for U.S.-bound investment, some of which will have a nine-to-one profit-sharing split favoring the U.S. "based on each side's contribution and risk burden," the document said.
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