US and Japan unveil $36bn of oil, gas and critical minerals projects in challenge to China
The Guardian·2026-02-18 06:02
Japan has drawn up plans for investments in US oil, gas and critical mineral projects worth about $36bn under the first wave of a deal with Donald Trump.The US president and Sanae Takaichi, Japan’s prime minister, announced a trio of projects including a power plant in Portsmouth, Ohio, billed by the Trump administration as the largest natural gas-fired generating facility in US history.As a diplomatic row between Japan and China over the security of Taiwan continues, testing the Japanese economy, Takaichi ...