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Trump Participates in a Deal Signing, Oct. 28, 2025

October 28, 2025 · The White House · 0:12:49

Embedded from the source channel — never re-uploaded. Watch on YouTube

What happened

President Donald Trump presided over a signing ceremony in Tokyo on October 28, 2025, for investment commitments under the Japanese strategic investment initiative. Secretary of Commerce Howard Lutnick, who emceed the signings, opened: “I am incredibly proud to announce that this evening we’re going to be signing $490 billion of investment.” He said the deals were “driven by the Japanese strategic investment initiative, which was created by your tariff policy and by your historic trade agreement with Japan,” and that “the commitments ensure the economic and national security of the United States of America. We’re going to be developing energy. We’re going to be developing nuclear semiconductors and strengthening the entire domestic supply chain,” as he stated the purpose.

The commitments were announced company by company, as Secretary Lutnick stated them: Westinghouse, up to $100 billion in nuclear reactors “to restore US energy dominance,” with Brookfield’s Bruce Flatt co-signing; GE Vernova, $100 billion in nuclear — small modular reactors and large-scale power equipment; Bechtel, up to $25 billion in construction and engineering services; Kiewit, $25 billion in engineering, procurement and construction; SoftBank, $25 billion in engineering, development and procurement of large-scale power infrastructure; Toshiba, up to $25 billion in electrical power modules and transformers; Carrier, up to $20 billion in thermal cooling systems for power infrastructure; Kinder Morgan, up to $7 billion in natural gas transmission and power infrastructure; Mitsubishi Electric, up to $30 billion in power station systems for data centers; TDK, $25 billion in electronic components and power modules for AI infrastructure; Fujikura, critical optical fiber cabling for AI systems; Hitachi, whose figure the Secretary said was still being decided; Murata Manufacturing, $15 billion in advanced electronic components; and Panasonic, $15 billion in energy storage systems and components.

The President closed by announcing that Toyota would contribute $10 billion building auto plants throughout the United States — “because of the November 5th election and because of the tariffs,” as he stated it — and that another company would contribute at least $10 billion and had asked to do so quietly. “We hit a new high today, the stock market in history, and I think we’ve hit 48 highs since I’ve been there. I’ve only been there 9 months,” he said. “Our country will not let you down.”

Why it matters

The Tokyo signing is the itemized, company-by-company record of the $490 billion Japanese investment package — the largest single tranche of the administration’s tariff-driven investment drive, concentrated in nuclear power, grid equipment, and AI infrastructure supply chains.

Scoreboard watch

Scoreboard candidate: the $490 billion in signed Japanese investment commitments of October 28, 2025, and the additional Toyota $10 billion plant announcement, as stated at the ceremony. Flagged for the scoreboard editor; no entry is published from this page.

Sources: The White House, “President Trump Participates in a Deal Signing” (official upload, embedded above; Tokyo, Japan). Commitments and figures as announced at the signing.