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Trump Announces $54 Billion for Alaska LNG, Part of $350 Billion Deal with South Korea

Summary by Must Read Alaska
On September 30, President Donald J. Trump announced a $54 billion South Korean investment in Alaska LNG. The investment is part of a $350 billion Korean investment package in U.S. energy and shipbuilding infrastructure. In exchange, tariffs will be lowered on South Korean automotives, timber, lumber, and aircraft products. “For doing that, I reduced their […]

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“We welcome the plan to invest over $50 billion in Korea announced by President Donald Trump.” Glenfarn Group, a U.S. energy company and major developer of Alaska’s liquefied natural gas (LNG), issued a press release on the 1st (local time) treating the investment plan unilaterally announced by President Trump as a fait accompli, stating, “The United States and

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Breaking News: Trump Announces South Korean Investment in U.S., Including Alaska LNG Development

Trump is expected to present the White House initiative as part of the Washington-Seoul agreements last year

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·Vienna, Austria
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조선일보 broke the news on Wednesday, September 30, 2026.
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