economy
March 19, 2026
US & Japan Announce $40 Billion Nuclear Reactor Deal To Bolster Previous ‘Technology Prosperity’ Agreement
The meeting on trade and war went viral when Trump falsely claimed the Japanese attack on U.S. naval assets in Pearl Harbor, Hawaii was a "surprise" - Washington was aware the attack was imminent days prior, but chose to do nothing to justify its entry into WWII.
TL;DR
- The US and Japan will collaborate on building advanced small modular nuclear reactors (SMRs) in the United States, with an investment of approximately $40 billion.
- This collaboration builds upon a prior $550 billion American/Japanese Technology Prosperity Deal, which committed significant capital to US energy technologies.
- Tennessee and Alabama will host sites operated by GE Vernova Inc. and Hitachi Ltd. to stabilize electricity prices, expand power generation, and bolster energy security.
- The meeting became viral due to President Trump's comment to Prime Minister Takaichi implying the 1941 Pearl Harbor attack was a "surprise," a claim that has been factually disputed.
- The announcement comes amid global tensions, including the ongoing Iran war, which could impact energy supplies.
- Japan is expected to invest a total of $550 billion before President Trump's term ends in 2029, with initial investments covering oil & gas, power generation, and critical minerals.
- Japan also plans to join the "Golden Dome" anti-missile system, a move significant given its geopolitical location.
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