Trump Trade: Trump meets with corporate executives in Japan

Catch up on the top industries and stocks that were impacted, or were predicted to be impacted, by the comments, actions and policies of President Donald Trump with this daily recap compiled by The Fly:

JAPAN VISIT: U.S. President Donald Trump began one of his busiest days of his Asia trip on Tuesday by warmly greeting the new Japanese prime minister and taking her with him as he spoke to U.S. troops aboard an aircraft carrier. The day also included speaking to U.S. troops aboard an aircraft carrier and mingling with business leaders, Associated Press reports. As the president tries to secure foreign investment, he cranked up the flattery during his final event on Tuesday, praising corporate executives in Tokyo and telling them that he would be their ally in the White House. If they aren’t able to make progress by talking to his Cabinet officials, he said, “call me and I’ll override them if I have to.”

U.S. President Donald Trump praised Japan’s leader Sanae Takaichi, welcoming her pledge to accelerate a military buildup and sign trade and rare earths deals, Trevor Hunnicutt, Tim Kelly and John Geddie of Reuters report. Both governments released a list of projects in energy, AI, and critical minerals in which Japanese companies are looking to invest up to $400B in the U.S. Earlier this year, Tokyo pledged to provide $550B of strategic U.S. investments, loans, and guarantees. The Fly notes that companies involved in the development and mining of rare earth minerals include Nova Minerals (NVA), Ioneer (IONR), Lynas Rare Earths (LYSCF), MP Materials (MP), Energy Fuels (UUUU), NioCorp (NB) and VanEck Vectors Rare Earth/Strategic Metals ETF (REMX).

PREDICTION MARKETS: Trump Media and Technology Group (DJT) announced that it will make prediction markets available on Truth Social through an exclusive arrangement with Crypto.com Derivatives North America, CDNA, a CFTC-registered exchange and clearinghouse. Following the integration, Truth Social will be the first social media platform to offer its users technology to access embedded prediction markets capabilities through CDNA. “We are thrilled to become the world’s first publicly traded social media platform to offer our users access to prediction markets,” said Devin Nunes, Chairman and CEO of Trump Media. “Truth Predict will allow our loyal users to engage in prediction markets with a trusted network while harnessing our social media platform to provide totally unique ways for users to discuss and compare their predictions.”