Commerce Secretary Howard Lutnick said Thursday that the U.S. will equally share profits with Japan from projects funded by the Asian country through its tariff deal until the initial investment is recouped.

Tokyo agreed to earmark $550 billion for investment in American-based projects selected by the U.S. government as part of a deal finalized last week. President Donald Trump said Japan will now face 15% baseline tariffs and some sector-specific levies under the two countries' deal.

Lutnick said the U.S. will initially split profits equally on projects funded through Japan's investment. Once Japan earns back its $550 billion, the profit breakdown will shift to the U.S. receiving 90% and Tokyo taking the remaining 10%, Lutnick said.

"After that, it's 90/10, in favor of America,

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