00:00Japan says profits from the $550 billion investment package under its tariff deal with the U.S.
00:07will be split based on each side's contributions.
00:10This follows speculation that Japan is pledging capital with little return,
00:15a claim dismissed by its top trade negotiator, Rose Akazawa.
00:21Tokyo said the scheme will see significant input from both Japan and the U.S. government or companies,
00:27though details remain unclear.
00:29Earlier this week, the White House said the U.S. would retain 90% of the profits
00:34from Japanese investments and loans in exchange for lower tariffs on auto and other exports.
00:41Akazawa explained that the 90-10 split reflects the proportional risk and investment by each side,
00:47adding that the final allocations will be decided by the private companies involved.
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