Japan expects only 1% to 2% of its recently agreed upon $550 billion US fund to be deployed as investment, with loans making up the bulk of the rest, according to the nation’s top chief negotiator Ryosei Akazawa.
Meanwhile, Tokyo stands to save roughly ¥10 trillion ($68 billion) through lower tariff rates in its deal with the US, Akazawa told public broadcaster NHK on Saturday.