Angling to pre-empt complaints over Japan's perennial trade surplus with the U.S., Prime Minister Shinzo Abe reportedly plans to propose a sweeping economic cooperation initiative meant to create hundreds of thousands of jobs in the U.S. when he meets with President Donald Trump later this month. Abe and Trump are expected to meet on Feb. 10. Major Japanese newspapers cited a draft of the proposal that calls for cooperation on building high-speed trains in the U.S. northeast, Texas and California. Japan would share technology on artificial intelligence, robotics, small-scale nuclear power plants, space and Internet technology. The reports Thursday said the proposed public-private initiative would create several hundred thousand jobs, reports said, and involve $450 billion in new investment.

Abe and Trump are expected to meet on Feb. 10. Major Japanese newspapers cited a draft of the proposal that calls for cooperation on building high-speed trains in the U.S. northeast, Texas and California. Japan would share technology on artificial intelligence, robotics, small-scale nuclear power plants, space and Internet technology.