President Donald Trump and Japanese Prime Minister Sanae Takaichi announced a roughly $40 billion collaboration to build advanced small modular nuclear reactors (SMRs) in the United States. The project, involving U.S.-based GE Vernova Inc. and Japan-based Hitachi Ltd., targets sites in Tennessee and Alabama.
Officials described it as a step to stabilize electricity prices, expand power generation, and bolster energy security amid global tensions, including the ongoing Iran conflict. The deal builds on last year's U.S.-Japan trade framework and investment commitments, with no major new military pacts emerging from the talks.
The joint press conference following the extended Oval Office meeting - long enough to cancel the planned working lunch - was overshadowed by a viral moment. When asked about the lack of prior coordination with allies on strikes against Iran, Trump turned to Takaichi and quipped: “We went in very hard and we didn’t tell anyone about it.
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