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Economy

Trump touted Japanese plans for 37,000 US jobs ahead of Feb report

President cites Abe presentation calling Japan 'No. 1' investor in America

Abe likely gave Trump a detailed rundown of Japanese companies' plans to invest in the U.S. to try and lighten pressure on the Asian nation to trim the bilateral trade imbalance.

TOKYO -- In an attempt to get U.S. President Donald Trump to ease up on Japan's trade surplus, Prime Minister Shinzo Abe made an elaborate presentation last year mapping out new American investments planned by Japanese companies totaling $20 billion.

Abe's explanatory session with Trump in September came to light Wednesday, when Trump told U.S. business leaders in the White House that "Japan is going to be sending ... at least seven more big factories into this country."

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