Trump Plans to Announce Seoul's Plans to Invest About $200 Billion in the United States
6 Articles
6 Articles
Reuters reported that the Donald Trump administration could announce plans as early as the 30th (local time) to invest South Korea's Strategic Investment Fund into large-scale U.S. projects, including the Alaska liquefied natural gas (LNG) project. The Alaska project is being discussed at a scale of approximately $54 billion (about 76 trillion won).
U.S. President Trump is scheduled to announce South Korea's $54 billion plan to invest in Alaska LNG ahead of schedule. While the South Korean government maintains that a profitability review must be conducted first, President Trump, facing the November midterm elections, appears intent on hastily emphasizing this as a political achievement.
Foreign media reports suggest that U.S. President Donald Trump may announce new investment plans as early as the 30th (local time), including South Korea's participation in the Alaska Liquefied Natural Gas (LNG) development project. On the 29th, Reuters reported, citing multiple sources, that President Trump could unveil several investment projects in the U.S., including a plan for South Korea to invest approximately $54 billion in the Alaska L…
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