Japan highlights tariff "negotiation cards" and proposes to purchase American chip products

On May 28, Japan's Asahi Shimbun, citing government sources, reported that Japan had proposed to buy billions of dollars worth of U.S. semiconductor products as part of ongoing tariff negotiations with the United States. The Japanese government will impose sanctions on the government from Nvidia (NVDA. Domestic companies such as O) that acquire chips provide subsidies to support the purchase of chips totaling hundreds of billions to 1 trillion yen. The Japanese government aims to use this proposal as a "negotiating card" to resolve the U.S. trade deficit with Japan, which is currently about 10 trillion yen, and Nvidia is a key supplier to the proposal. The plan also includes support to strengthen the U.S.-Japan semiconductor supply chain through domestic production of wafers and chemicals, which is critical to chip manufacturing. ( gold ten )