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

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.

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.

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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Tricia McLaughlin, the assistant secretary for the Department of Homeland Security, confirmed a report by the Washington Post that ICE ordered staff to place ankle monitors on all people enrolled in the agency's Alternatives to Detention program "whenever possible."