The Japanese government, not companies, is poised to back U.S. infrastructure projects of the president’s choosing.

Over the past few decades, Japan-based automaker Toyota has spent billions of dollars to expand its manufacturing and assembly plants in the United States. Those plants now employ over 64,000 people across North America and have churned out millions of vehicles.

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.

U.S. President Donald Trump struck a trade deal with Japan that lowers tariffs on auto imports and spares Tokyo from punishing new levies on other goods in exchange for a $550 billion package of U.S.-bound investment and loans.

Among the strongest performers, Thermo Fisher Scientific rose 12%, topping the leaderboard for large-cap stocks, followed by T-Mobile US, up 9%.

Commerce Secretary Howard Lutnick revealed the unique and historic nature of the recently secured U.S.-Japan trade deal he helped negotiate during a Daily Caller Live event Thursday. President Donald Trump’s administration brokered a trade agreement with Japan where the East Asian country pledged to invest $550 billion in the U.

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