President Donald Trump says that Japan has given him $550 billion to invest in the United States. It’s an astonishing figure, but still subject to negotiation and perhaps not the sure thing

President Trump will get to decide where to invest Japanese money and the United States will keep 90 percent of the profits, the White House said.

Japan expects only 1% to 2% of the $550 billion U.S. fund established under the new trade agreement will be in the form of actual investment, with the vast majority structured as loans and loan guarantees provided by Japanese government-backed financial institutions.