The U.S. Department of Commerce (DOC), alongside the U.S. Department of Energy (DOE), today announced a unique public-private partnership with SoftBank and AEP Ohio to redevelop DOE land, modernize energy infrastructure, and develop advanced computing in Southern Ohio. As part of the partnership, SB Energy, a SoftBank Group company, is planning to build 10 gigawatts (GW) of new power generation...

These three new project announcements are a direct result of President Trump’s historic $550 billion trade deal with Japan, which will accelerate economic growth, bolster critical supply chains, and strengthen U.S. national and economic security. Spanning from East Texas to Southwest Pennsylvania, these strategic investments target critical energy infrastructure and expand domestic power...

On the occasion of the Summit Meeting between Prime Minister TAKAICHI Sanae and President Donald J. TRUMP in Washington, D.C. on March 19, 2026, the Government of Japan and the Government of the United States of America welcome the steady progress in the implementation of the FIRST batch of projects under the Japan-U.S. Strategic Investment, which were announced on February 17, 2026. First batch...

President Trump has approved the first three projects under Japan’s $550 billion investment commitment to the United States as part of our historic U.S.–Japan trade deal. These projects represent a $36 billion commitment in key sectors of our economy -- power generation, oil and gas, and advanced manufacturing. This is what strategic trade looks like. First, in Ohio, together with Japan, we will...

These project announcements are a direct result of President Trump’s historic $550 billion trade deal with Japan to strengthen American national and economic security. Deal 1: Portsmouth Powered Land Project Location: Vicinity of Portsmouth, Ohio Project Type: Natural Gas Power Facility Cost: $33 Billion Capacity: 9.2 GW — Largest natural gas generation projects in the world Operator: SB Energy...

Forecasters at NOAA’s National Weather Service (NWS) continue to track a major winter storm that will bring heavy snow, sleet and freezing rain to hundreds of millions of Americans starting Friday, January 23, and continuing into Monday. This is expected to be an unusually large and severe winter storm. Dangerously cold air remains in the forecast for more than half of the U.S. population through...

Every year in January, leaders gather in Davos, Switzerland, for the World Economic Forum to discuss the global economy. This year, some people have asked a great question: Why is the Trump administration going to Davos at all? Why show up and participate when we’ve been so clear that the old globalist line of thinking has been a disaster for America? The answer is simple: we’re not going to Davos...

In the first year of President Donald J. Trump’s second term, Secretary Lutnick has overseen a total transformation of the Department of Commerce. Sectorial Tariff Revenue and Investment Deals Twenty landmark trade deals totaling over $9.94 trillion in U.S. investment commitments President Trump and Secretary Lutnick have focused on rebalancing trade and securing the American industrial base...