Japan will invest $550 billion in the U.S. and allow the U.S. to tax Japanese goods sold in America at 15 percent.

The centerpiece is Tokyo’s pledge to set up a $550 billion US investment fund and the lack of detail is raising questions about the viability of an agreement that’s been floated as a potential templa...

A reported $550 billion investment commitment from Japan would reflect a massive surge in the nation's financial exposure to the United States.