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Trump Says South Korea Will Invest $54B in Alaska LNG

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Story summary
  • U.S. President Donald Trump announced South Korea would invest $54 billion in Alaska LNG, threatening higher tariffs if Seoul delays.
  • South Korea Minister Kim Jung-kwan said no final decision exists and denied the $54 billion claim.
  • Trump also unveiled an $8.4 billion oil recovery project that is not part of the Korea-U.S. agreement.
  • A senior Democratic Party official warned the LNG dispute could delay Korea-U.S. security talks ahead of the 2026 midterms.