Trump says South Korea and Taiwan pledge billions for Alaska LNG project
President Donald Trump announced that South Korea will invest $50 billion and Taiwan $4.4 billion in the Alaska liquefied natural gas project, citing a trade deal with the United States.
During a campaign stop in Alaska, President Donald Trump claimed that the Republic of Korea has committed $50 billion to the state's LNG development as part of a trade and investment agreement. He also said Taiwan will provide $4.4 billion in equity for the same venture. White House press secretary Katie Zacharia added that a broader Korean energy package could total up to $200 billion, including nuclear plant construction and a Texas natural-gas power facility.
How this was covered
- Centrist coverage is the most divided on this story
- Coverage peaked at 8 outlets in a single hour
Why it matters
The statements and trade talks could shape foreign investment in the Alaska LNG project and affect the broader U.S.‑Asia economic relationship.
How this story developed
- Oct 8 Trump claims Taiwan will buy a third of Alaska LNG pipeline output
- Oct 14 U.S. and South Korean officials have entered new tariff negotiations that reference the Alaska LNG project.
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