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Trump Says South Korea Will Invest Up to $200B

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Story summary
  • President Donald Trump announced South Korea will invest up to $200 billion in U.S. energy projects.
  • The agreement earmarks $54 billion for an 800-mile Alaska LNG pipeline and $22.3 billion for a Texas gas plant.
  • South Korea also confirmed a $120 billion investment to build eight nuclear reactors in the United States.
  • South Korea said the Alaska LNG project proceeds only if commercially viable and legal requirements are satisfied.