Biden, Kishida to Back $25B Texas Bullet Train With Japanese Support
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Biden and Japanese PM Kishida likely to publicly support the proposed $25-30 billion high-speed rail project linking Dallas and Houston during talks this week.
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Support from leaders could help attract private investment and unlock US government transportation funds for the project.
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Bullet train technology would be provided by Japanese rail company, some financing already supplied by Japanese state lenders.
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Project would cut travel time between cities from 3.5 hours to 90 minutes.
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Comes as Biden opposes Nippon Steel's planned purchase of US Steel Corp, despite pushing partnerships with Japan in other areas.