Lutnick: "This is literally the Japanese government itself saying to Donald Trump, 'We will provide Donald Trump and the American people $550 billion of projects you choose. And we will give *you* 90% of the profits, America.' So basically Donald Trump can pick the projects."
Two unnamed Nissan executives said the company has "12 to 14 months to survive," per Motor1.
Nissan cut more than 9,000 jobs last week, while simultaneously slashing production by nearly 20%. Nissan's operating profit dropped 85% in Q3, per Sawyer Merritt.