HOME > NATIONAL > Article

Text Size

small

medium

large


1-T.-Dlr U.S. Investments to Include AI, Chips: Ishiba

1-T.-Dlr U.S. Investments to Include AI, Chips: Ishiba

Prime Minister Shigeru Ishiba speaks at a plenary meeting of the House of Councillors on Wednesday.
Prime Minister Shigeru Ishiba speaks at a plenary meeting of the House of Councillors on Wednesday.

   Tokyo, Feb. 12 (Jiji Press)--Prime Minister Shigeru Ishiba said Wednesday that he pledged to increase Japan's investments in the United States to around 1 trillion dollars, expecting growth in areas including artificial intelligence and semiconductors.
   Ishiba told a plenary meeting of the House of Councillors, the upper chamber of parliament, that "investments are expected to advance in the fields of AI, advanced semiconductors and energy, in addition to automobiles."
   He added that Tokyo has not set a deadline for the pledge, which was conveyed to U.S. President Donald Trump in their summit in Washington on Friday.
   On the U.S. government's 25 pct tariffs on steel and aluminum imports, which Trump signed off on after the meeting, Ishiba said that Tokyo is asking Washington to exempt Japan from the measure.
   "Specific details are not clear, so we will keep a close watch and respond appropriately," he went on, adding that the measure was not discussed at the bilateral summit.

To read a full story, please click here to find out how to subscribe.

NATIONAL

HEADLINES

POLITICS
LDP Lawmaker Nishida Seeks to Replace Ishiba as Leader after Budget Passage
ECONOMY
Japan's Producer Prices Rise 4.0% in February, Lifted by Higher Rice Prices
SPORTS
Tennis: Yosuke Watanuki of Japan Eliminated in 4th Round of BNP Paribas Open
OTHER
Former Philippine President Duterte Sent to International Criminal Court

AFP-JIJI PRESS NEWS JOURNAL


Photos