💼 5 PM · While you worked
White House touts $200 billion in South Korean investment, including Alaska LNG
The White House says President Trump is announcing $200 billion in South Korean investment in U.S. projects under last year's trade deal, including $54 billion for an 807-mile natural gas pipeline and export terminal in Alaska, plus nuclear and power projects. The announcement comes as Alaska Sen. Dan Sullivan (R) faces a competitive race against Mary Peltola (D).
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How each side sees it
The White House saysSpokeswoman Taylor Rogers said the investments deliver on the president's promises to unleash American energy, unlock Alaska's resource potential and accelerate nuclear energy.
South Korean officials saySouth Korean Minister Kim Jung-kwan has called the Alaska project a high-risk venture; Seoul says it is still under negotiation and its agreement only commits it to explore the project.
Sources
- AP via ABC News: Trump will unveil $54 billion in South Korean investment in Alaska
- Al Jazeera: Trump set to announce $200bn in investments from South Korea
- Korea JoongAng Daily: Trump to tout Alaska LNG investment despite Seoul's doubts
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